VIOLET TOWN ranks 672nd in VIC when it comes to estimated capital gains experienced by property investors over the past three years.
The suburb’s capital gain of -10.5% for the past year is lower than average compared to its 3.05% growth within a five-year period.
Property investors have seen a -3.43% drop in VIOLET TOWN 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 2.06% growth over a ten-year period. It ranks 2925th on our list of suburbs that property investors should look into.