With a capital gain of 10.00% for the last 12 months, Mooroolbark, 3138 has performed for property investments than its average annual 8.17% property growth over the last 5 years.
Taking the average capital gain, or increase in median house value, Mooroolbark,3138 has racked up an average of 10.00% over the period. This ranks it number 789th in the whole country for real estate investors looking at median house price increases.
Mooroolbark, 3138 is offering VIC ‘s 291th most discounted properties when looking at the average discount being offered by vendors. This puts it in the middle of discounts offered by this VIC.
With the median price for a house in Mooroolbark being $621500 and the advertised rent reaching $400 the gross rental yield for property investors calculates out to be 3.35%
With a capital gain of 16.98% for the last 12 months, Mooroolbark, 3138 has performed for property investments than its average annual 7.76% property growth over the last 5 years.
While Mooroolbark,3138 ranked number 112th in VIC for increase in median house value (annualised) increase, it is ranked 32th over the last 5 years.
Property investors looking for a bargain in Mooroolbark should be aiming for at least -1.99% off the asking price, which is the average vendor discount being achieved at the moment.
Property investors should expect to get $362.5 weekly from the median priced house in this suburb.