Giving property investors a a stable capital gain of 14.29% for the last year, Mooroolbark, 3138 is the 907th highest performer in Australia in this respect.
Comparing Mooroolbark,3138 ‘s 5year and quarterly average capital gain offered to property investors, it performed less well across the longer period
State is the 6th most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -5.41% offered to property buyers. Sellers in Mooroolbark itself are offering an average vendor discount of -4.45% to real estate investors.
Residents and property investors in Mooroolbark have been waiting around 37.84 days to sell a property.
With the median price for a house in Mooroolbark being $680000 and the advertised rent reaching $400 the gross rental yield for property investors calculates out to be 3.06%
With a capital gain of 6.25% for the last 12 months, Mooroolbark, 3138 has performed for property investments than its average annual 7.17% property growth over the last 5 years.
Mooroolbark,3138 was ranked 822 in Australia by increase in median property value over the quarter.
Sellers are offering property buyers an average discount of -2.98% to buyers in Mooroolbark at the moment, which is less than average for the rest of VIC.
In the last year 69 properties changed hands in Mooroolbark, which puts it as the 125th most active market in VIC when comparing the number of sales per suburb.