Doreen is an average performer in VIC when comparing median price capital growth over the last year. Doreen gave property investors a good capital gain figure when compared to the rest of the state, with 16.61%.
If we look at median property appreciation over just the last three months, Doreen has given property investors a paper return of 3.85%. This puts Suburb as 234 on a list of fastest fasting appreciating suburbs in VIC
Vendor discounting in Doreen is giving property investors an average Vendor Discount of around -2.72%. This puts suburb at number 41th in VIC when ranking the most discounted suburbs.
Often selling an investment property can take time, and in Doreen the average time real estate has been on the market is 17.62 days.
With the median price for a house in Doreen being $540000 and the advertised rent reaching $370 the gross rental yield for property investors calculates out to be 3.56%