Giving property investors a an average capital gain of 6.75% for the last year, Montmorency, 3094 is the 1978th highest performer in Australia in this respect.
Montmorency,3094 was ranked 847 in Australia by increase in median property value over the quarter.
Montmorency3094 is located in VIC which offers an average discount of -5.53% to property investors. Montmorency itself is showing figures that indicate -3.02% is the average achievable by property buyers investing in the suburb.
Renters in Suburb are facing rents around $5160 per annum or $430 every week.
Property investors who have had real estate in Montmorency, 3094 should be relatively pleased with this VIC suburb’s performance compared to the rest of the country. Over the last year it has seen median house prices increase in value by 12.69%
A 52.43% growth in median value for property investors in Montmorency,3094 puts this suburb at number 96th in terms of best performing suburbs in VIC
Vendor discounting in Montmorency is giving property investors an average Vendor Discount of around -4.21%. This puts suburb at number 187th in VIC when ranking the most discounted suburbs.
A $370 per week rent on the median house gives suburb investors a gross yield of circa 2.99%, without taking into account capital value appreciation, which has been averaging out at 7.14%.