Investment property in Seymour has done well for investors when compared to the country as a whole over the last 12 months, with an increase in the median house price of 18.75%
Over the longer term, Seymour has seen property prices show investors a 34.12% return over the last 3 years. This is worse than over the last 12 months
Our latest figures would indicate that property sellers in Seymour are currently offering property investors an average price cut of -6.67% below the asking price at the moment.
A $275 per week rent on the median house gives suburb investors a gross yield of circa 5.02%, without taking into account capital value appreciation, which has been averaging out at 4.53%.
State is the 6th most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -4.58% offered to property buyers. Sellers in Seymour itself are offering an average vendor discount of -7.89% to real estate investors.
Property investors should expect to get $220 weekly from the median priced house in this suburb.