With a capital gain of -0.22% for the last 12 months, Mount Austin, 2650 has performed for property investments than its average annual 2.44% property growth over the last 5 years.
Taking the average capital gain, or increase in median house value, Mount Austin,2650 has racked up an average of -0.22% over the period. This ranks it number 3137th in the whole country for real estate investors looking at median house price increases.
The most recent median price for Mount Austin is $229500, with sellers offering an average of -7.13% off the asking price.
At number 3290 in a list of fastest selling suburbs, Mount Austin is in the bottom 20% of suburbs in Australia with an average of days on market 126.34 for properties listed there.
Advertised rents are around the $277.5 mark per week – giving a return of 6.29% based on the median price in Suburb