If you compare the increase in value of investment property in Mont Albert North, 3129 to the rest of Australia, it performed around average. The median increase in value, or capital gain property investors experienced for this VIC suburb was 5.17%.
Data for the last quarter indicates that, in the short term at least, the capital value growth rate for property investors in Mont Albert North has increased when compared to the 5 year average annual rate.
Mont Albert North, 3129 is offering VIC ‘s 88th most discounted properties when looking at the average discount being offered by vendors. This puts it in the TOP 20% of discounts offered by this VIC.
Using the current median advertised rental of $537.5 and the average annual increase in value of a median property of 11.39%, investors should hope to achieve an overall return of 1.96%
Mont Albert North is in the TOP 20% in VIC when comparing median price capital growth over the last year. Mont Albert North gave property investors a very good capital gain figure when compared to the rest of the state, with 10.74%.
Mont Albert North,3129 has offered an average of 10.74% return per annum in house price rises to property investors over the last three years.
Vendor discounting in Mont Albert North is giving property investors an average Vendor Discount of around -5.40%. This puts suburb at number 122th in VIC when ranking the most discounted suburbs.
On average over the past year, suburb has had 2.67 sales per month, which equates to 32 per year.