Over the last year, property investments in Mont Albert North, 3129 have given investors a capital gain of 11.55%. This compares favourably with the 8.23% for VIC as a whole.
Taking the average capital gain, or increase in median house value, Mont Albert North,3129 has racked up an average of 11.55% over the period. This ranks it number 191th in the whole country for real estate investors looking at median house price increases.
Vendor discounting in Mont Albert North is giving property investors an average Vendor Discount of around -5.95%. This puts suburb at number 267th in VIC when ranking the most discounted suburbs.
In the last year 56 properties changed hands in Mont Albert North, which puts it as the 398th most active market in VIC when comparing the number of sales per suburb.
With the median price for a house in Mont Albert North being $1400000 and the advertised rent reaching $525 the gross rental yield for property investors calculates out to be 1.95%
With a capital gain of 19.08% for the last 12 months, Mont Albert North, 3129 has performed for property investments than its average annual 9.26% property growth over the last 5 years.
While Mont Albert North,3129 ranked number 150th in VIC for increase in median house value (annualised) increase, it is ranked 67th over the last 5 years.
State is the 6th most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -5.27% offered to property buyers. Sellers in Mont Albert North itself are offering an average vendor discount of -5.40% to real estate investors.