Property investors enjoyed capital gains of 22.45% over the last 12 months in FLINDERS, translating to lower returns compared with its peers in VIC.
A survey of average capital gains or median home price increase in suburbs across the country shows that the VIC suburb obtained a 9.61% growth over a ten-year period. It ranks 68th on our list of suburbs that property investors should look into.
FLINDERS, 3929 has a capital gain of 22.45% for the past year, which is higher than average compared to its 111.27% growth within a five-year period.
A 22.45% increase in median property prices in FLINDERS, 3929 has allowed this suburb to join the ranks of best performing suburbs in VIC, settling at number 93rd.
Figures from the previous quarter show that capital gains for real estate buyers in FLINDERS are low, as opposed to average gains per annum over the past five years.
FLINDERS, 3929 in VIC belongs to the local government area of Mornington Peninsula.