VIOLET TOWN ranks 566th in VIC when it comes to estimated capital gains experienced by property investors over the past three years.
The suburb’s capital gain of -5.2% for the past year is lower than average compared to its 9.56% growth within a five-year period.
Property investors have seen a 1.59% gain in VIOLET TOWN 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 3.62% growth over a ten-year period. It ranks 2137th on our list of suburbs that property investors should look into.