Pearcedale is in the TOP 30% in VIC when comparing median price capital growth over the last year. Pearcedale gave property investors a good capital gain figure when compared to the rest of the state, with 18.64%.
Taking the average capital gain, or increase in median house value, Pearcedale,3912 has racked up an average of 18.64% over the period. This ranks it number 816th in the whole country for real estate investors looking at median house price increases.
A $390 per week rent on the median house gives suburb investors a gross yield of circa 3.32%, without taking into account capital value appreciation, which has been averaging out at 7.04%.