Over the last year, property investments in Mooroolbark, 3138 have given investors a capital gain of 11.88%. This compares favourably with the 9.04% for VIC as a whole.
Over the longer term, Mooroolbark has seen property prices show investors a 43.73% return over the last 3 years. This is worse than over the last 12 months
Property investors looking for a bargain in Mooroolbark should be aiming for at least -5.08% off the asking price, which is the average vendor discount being achieved at the moment.
At number 348 in a list of fastest selling suburbs, Mooroolbark is in the TOP 10% of suburbs in Australia with an average of days on market 42.85 for properties listed there.
Mooroolbark, 3138 ranked 106th in VIC when comparing growth in median property values or capital gain over the last 12 months. Mooroolbark is one of 2098 in our list for VIC
When looking at the potential capital gains offered to property investors over the last 3 years, Mooroolbark comes in at number 33th in VIC.
Property buyers and investors in Mooroolbark 3138 should be seeing an average reduction in asking price of around -2.49% . This means that Mooroolbark is holding prices well when compared to other suburbs in VIC.
Often selling an investment property can take time, and in Mooroolbark the average time real estate has been on the market is 34.76 days.
Property investors should expect to get $360 weekly from the median priced house in this suburb.