With a capital gain of 9.09% for the last 12 months, Mooroolbark, 3138 has performed for property investments than its average annual 7.93% property growth over the last 5 years.
When looking at the potential capital gains offered to property investors over the last 3 years, Mooroolbark comes in at number 157th in VIC.
Property buyers and investors in Mooroolbark 3138 should be seeing an average reduction in asking price of around -4.84% . This means that Mooroolbark is holding prices well when compared to other suburbs in VIC.
Mooroolbark, 3138’s gross rental yield is 3.38%
Property value increases in Mooroolbark have tracked higher than the VIC average of 3.19% over the last 12 months.
While Mooroolbark,3138 ranked number 182th in VIC for increase in median house value (annualised) increase, it is ranked 45th over the last 5 years.
The most recent median price for Mooroolbark is $492000, with sellers offering an average of -1.99% off the asking price.
Situated 31.14km from the CBD, Mooroolbark is one of Yarra Ranges localities in the postcode 3138.