The suburb also delivered a stronger performance in contrast to other Australian suburbs in terms of appreciation of property value. Investors saw the median home price rise to $1,800,000.
Home owners selling their properties and realtors in GARDENVALE usually have to wait an average of 0.0 days days before their assets are lifted off the market.
Average weekly rents on listings have reached the N/A mark, reflecting a 0% increase in returns based on the current median price in GARDENVALE.
GARDENVALE, 3185 places 635th in Australia based on median property value growth during the quarter.
Figures from the previous quarter show that capital gains for real estate buyers in GARDENVALE are high, as opposed to average gains per annum over the past five years.
Real estate investors could earn a rental income of $295 based on current median home prices for the suburb.
Average weekly rents on listings have reached the $295 mark, reflecting a 4.81% increase in returns based on the current median price in GARDENVALE.
GARDENVALE, 3185 ranks 334th in VIC in terms of median property value increase and capital gains, based on year-to-date figures.
GARDENVALE ranks 74th on the list of best yielding suburbs for rental properties in VIC, posting a 4.81% return.
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