VIC has seen average median house prices change by 10.43% which means that Mont Albert, 3127 has done well for property investors by showing a capital gain of 3.46% over the last year
Comparing Mont Albert,3127 ‘s 5year and quarterly average capital gain offered to property investors, it performed less well across the longer period
The most recent median price for Mont Albert is $1930500, with sellers offering an average of -14.34% off the asking price.
A $672.5 per week rent on the median house gives suburb investors a gross yield of circa 1.81%, without taking into account capital value appreciation, which has been averaging out at 9.14%.
Over the last year, property investments in Mont Albert, 3127 have given investors a capital gain of 3.85%. This compares averagely with the 4.79% for VIC as a whole.
Data for the last quarter indicates that, in the short term at least, the capital value growth rate for property investors in Mont Albert has increased when compared to the 5 year average annual rate.
Vendor discounting in Mont Albert is giving property investors an average Vendor Discount of around -2.86%. This puts suburb at number 275th in VIC when ranking the most discounted suburbs.
In the last year 43 properties changed hands in Mont Albert, which puts it as the 203th most active market in VIC when comparing the number of sales per suburb.
The VIC suburb of Mont Albert, 3127 is in the Whitehorse local government area.