Mount Waverley is in the bottom 30% in VIC when comparing median price capital growth over the last year. Mount Waverley gave property investors a disappointing capital gain figure when compared to the rest of the state, with 5.60%.
If we look at median property appreciation over just the last three months, Mount Waverley has given property investors a paper return of 3.53%. This puts Suburb as 280 on a list of fastest fasting appreciating suburbs in VIC
LACK OF BUYER INTEREST may well be the reason that Mount Waverley is offering property investors an average of -5.53. This rate of discount on properties puts Suburb at number 69th in terms of most discounted suburbs in VIC
A $475 per week rent on the median house gives suburb investors a gross yield of circa 1.87%, without taking into account capital value appreciation, which has been averaging out at 10.94%.
VIC has seen average median house prices change by 4.79% which means that Mount Waverley, 3149 has done well for property investors by showing a capital gain of 5.53% over the last year
A 46.42% growth in median value for property investors in Mount Waverley,3149 puts this suburb at number 193th in terms of best performing suburbs in VIC
Our latest figures would indicate that property sellers in Mount Waverley are currently offering property investors an average price cut of -3.95% below the asking price at the moment.
The VIC suburb of Mount Waverley, 3149 is in the Monash local government area.