Over the last year, property investments in Mooroolbark, 3138 have given investors a capital gain of 10.63%. This compares averagely with the 8.96% for VIC as a whole.
Data for the last quarter indicates that, in the short term at least, the capital value growth rate for property investors in Mooroolbark has increased when compared to the 5 year average annual rate.
At number 356th of VIC’s most discounted properties, Mooroolbark is in the middle of the state/territory when listing in order of most discounted to least.
Often selling an investment property can take time, and in Mooroolbark the average time real estate has been on the market is 44.36 days.
Property investors should expect to get $400 weekly from the median priced house in this suburb.
Giving property investors a a stable capital gain of 10.99% for the last year, Mooroolbark, 3138 is the 357th highest performer in Australia in this respect.
While Mooroolbark,3138 ranked number 205th in VIC for increase in median house value (annualised) increase, it is ranked 47th over the last 5 years.
LACK OF BUYER INTEREST may well be the reason that Mooroolbark is offering property investors an average of -5.07. This rate of discount on properties puts Suburb at number 321th in terms of most discounted suburbs in VIC
The VIC suburb of Mooroolbark, 3138 is in the Yarra Ranges local government area.