If you compare the increase in value of investment property in Mont Albert, 3127 to the rest of Australia, it performed somewhat poorly. The median increase in value, or capital gain property investors experienced for this VIC suburb was 0.83%.
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.
Property buyers and investors in Mont Albert 3127 should be seeing an average reduction in asking price of around -14.34% . This means that Mont Albert is holding prices well when compared to other suburbs in VIC.
Using the current median advertised rental of $672.5 and the average annual increase in value of a median property of 10.51%, investors should hope to achieve an overall return of 1.87%
Property value increases in Mont Albert have tracked close to the VIC average of 4.26% over the last 12 months.
Mont Albert,3127 has offered an average of 4.94% return per annum in house price rises to property investors over the last three years.
LACK OF BUYER INTEREST may well be the reason that Mont Albert is offering property investors an average of -5.07. This rate of discount on properties puts Suburb at number 18th in terms of most discounted suburbs in VIC
The VIC suburb of Mont Albert, 3127 is in the Whitehorse local government area.