VIC has seen average median house prices change by 8.12% which means that Mont Albert, 3127 has done well for property investors by showing a capital gain of 2.76% over the last year
The five-year average increase in median property values for Mont Albert,3127 has given property investors a potential capital gain of 45.11% across each of those five years.
In the last year 45 properties changed hands in Mont Albert, which puts it as the 440th most active market in VIC when comparing the number of sales per suburb.
Situated 12.85km from the CBD, Mont Albert is one of Whitehorse localities in the postcode 3127.
Mont Albert has had a pretty good year for property investment returns compared to the rest of VIC, giving investors a capital gain of 8.24% to date .
Over the longer term, Mont Albert has seen property prices show investors a 11.74% return over the last 3 years. This is worse than over the last 12 months
A $400 per week rent on the median house gives suburb investors a gross yield of circa 3.01%, without taking into account capital value appreciation, which has been averaging out at 8.03%.