If you compare the increase in value of investment property in Rye, 3941 to the rest of Australia, it performed somewhat poorly. The median increase in value, or capital gain property investors experienced for this VIC suburb was -5.17%.
If we look at median property appreciation over just the last three months, Rye has given property investors a paper return of 1.19%. This puts Suburb as 185 on a list of fastest fasting appreciating suburbs in VIC
LACK OF BUYER INTEREST may well be the reason that Rye is offering property investors an average of -6.90. This rate of discount on properties puts Suburb at number 25th in terms of most discounted suburbs in VIC
Property investors should expect to get $410 weekly from the median priced house in this suburb.
At number 959th in the list of Australian suburbs ordered by increase in median house value over the last year, Rye, 3941 is in the BOTTOM 40% with a property value increase of -5.08% recorded in median house prices.
Across a shorter period, Rye, 3941 has seen a median price increase of -0.76% over the last quarter.
Rye is 218th on a list of best yielding suburbs for rents in VIC with a 3.89% return