EDENHOPE ranks 457th in VIC when it comes to estimated capital gains experienced by property investors over the past three years.
The suburb’s capital gain of -7.12% for the past year is lower than average compared to its 1.69% growth within a five-year period.
Also in EDENHOPE, the median home price is sitting at $150,000, and the average rent at $210, this suggests property owners could potentially earn a 7.28% increase in gross rental yield.
Property investors have seen a -6.25% drop in EDENHOPE based on a decrease in median home prices for the past three months.
A survey of average capital gains or median home price increase in suburbs across the country shows that this suburb obtained a 4.53% growth over a ten-year period. It ranks 1682nd on our list of suburbs that property investors should look into.