LONG GULLY ranks 657th in VIC when it comes to estimated capital gains experienced by property investors over the past three years.
The suburb’s capital gain of 8.33% for the past year is higher than average compared to its 18.18% growth within a five-year period.
Also in LONG GULLY, the median home price is sitting at $260,000, and the average rent at $275, this suggests property owners could potentially earn a 5.5% increase in gross rental yield.
Property investors have seen a 0% gain in LONG GULLY based on an increase 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 4.56% growth over a ten-year period. It ranks 1676th on our list of suburbs that property investors should look into.