With a capital gain of -4.67% for the last 12 months, Dromana, 3936 has performed for property investments than its average annual 6.77% property growth over the last 5 years.
Dromana,3936 has offered an average of -4.67% return per annum in house price rises to property investors over the last three years.
LACK OF BUYER INTEREST may well be the reason that Dromana is offering property investors an average of -6.82. This rate of discount on properties puts Suburb at number 35th in terms of most discounted suburbs in VIC
Often selling an investment property can take time, and in Dromana the average time real estate has been on the market is 83.961 days.
Property investors should expect to get $410 weekly from the median priced house in this suburb.
With a capital gain of -20.68% for the last 12 months, Dromana, 3936 has performed for property investments than its average annual 7.64% property growth over the last 5 years.
Dromana,3936 was ranked 1472 in Australia by increase in median property value over the quarter.
With the median price for a house in Dromana being $585000 and the advertised rent reaching $400 the gross rental yield for property investors calculates out to be 3.56%