With a capital gain of 6.57% for the last 12 months, Mont Albert North, 3129 has performed for property investments than its average annual 11.68% property growth over the last 5 years.
When looking at the potential capital gains offered to property investors over the last 3 years, Mont Albert North comes in at number 73th in VIC.
The most recent median price for Mont Albert North is $1500000, with sellers offering an average of -11.54% off the asking price.
With the median price for a house in Mont Albert North being $1500000 and the advertised rent reaching $550 the gross rental yield for property investors calculates out to be 1.91%
VIC has seen average median house prices change by 4.83% which means that Mont Albert North, 3129 has done well for property investors by showing a capital gain of 11.36% over the last year
Mont Albert North,3129 was ranked 233 in Australia by increase in median property value over the quarter.
In the last year 27 properties changed hands in Mont Albert North, which puts it as the 266th most active market in VIC when comparing the number of sales per suburb.
Using the current median advertised rental of $432.5 and the average annual increase in value of a median property of 10.50%, investors should hope to achieve an overall return of 2.25%