At number 3668th in the list of Australian suburbs ordered by increase in median house value over the last year, Maida Vale, 6057 is in the BOTTOM 20% with a property value increase of -9.00% recorded in median house prices.
Over the longer term, Maida Vale has seen property prices show investors a -12.50% return over the last 3 years. This is an improvement over the last 12 months
Property investors looking for a bargain in Maida Vale should be aiming for at least -6.90% off the asking price, which is the average vendor discount being achieved at the moment.
Often selling an investment property can take time, and in Maida Vale the average time real estate has been on the market is 78.449 days.
A $420 per week rent on the median house gives suburb investors a gross yield of circa 4.80%, without taking into account capital value appreciation, which has been averaging out at 1.08%.