Over the last year, property investments in Mooroolbark, 3138 have given investors a capital gain of 9.82%. This compares averagely with the 8.06% for VIC as a whole.
The five-year average increase in median property values for Mooroolbark,3138 has given property investors a potential capital gain of 41.38% across each of those five years.
The most recent median price for Mooroolbark is $615000, with sellers offering an average of -5.03% off the asking price.
Residents and property investors in Mooroolbark have been waiting around 43.8 days to sell a property.
A $395 per week rent on the median house gives suburb investors a gross yield of circa 3.34%, without taking into account capital value appreciation, which has been averaging out at 8.03%.
Mooroolbark has had a A very good year for property investment returns compared to the rest of VIC, giving investors a capital gain of 17.50% to date .
Taking the average capital gain, or increase in median house value, Mooroolbark,3138 has racked up an average of 17.50% over the period. This ranks it number 318th in the whole country for real estate investors looking at median house price increases.
LACK OF BUYER INTEREST may well be the reason that Mooroolbark is offering property investors an average of -5.12. This rate of discount on properties puts Suburb at number 315th in terms of most discounted suburbs in VIC