At number 2572th in the list of Australian suburbs ordered by increase in median house value over the last year, Mont Albert, 3127 is in the BOTTOM 40% with a property value increase of 2.88% recorded in median house prices.
Over the longer term, Mont Albert has seen property prices show investors a 38.27% return over the last 3 years. This is worse than over the last 12 months
Vendor discounting in Mont Albert is giving property investors an average Vendor Discount of around -14.34%. This puts suburb at number 12th in VIC when ranking the most discounted suburbs.
Using the current median advertised rental of $672.5 and the average annual increase in value of a median property of 10.02%, investors should hope to achieve an overall return of 1.87%
Property value increases in Mont Albert have tracked just higher than the VIC average of 4.28% over the last 12 months.
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
State is the 6th most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -5.03% offered to property buyers. Sellers in Mont Albert itself are offering an average vendor discount of -7.88% to real estate investors.
Situated 12.79km from the CBD, Mont Albert is one of Whitehorse localities in the postcode 3127.