Property value increases in Mount Waverley have tracked close to the VIC average of 8.23% over the last 12 months.
If we look at median property appreciation over just the last three months, Mount Waverley has given property investors a paper return of -1.57%. This puts Suburb as 565 on a list of fastest fasting appreciating suburbs in VIC
Property buyers and investors in Mount Waverley 3149 should be seeing an average reduction in asking price of around -8.01% . This means that Mount Waverley is holding prices well when compared to other suburbs in VIC.
At number 1180 in a list of fastest selling suburbs, Mount Waverley is in the TOP 40% of suburbs in Australia with an average of days on market 63.25 for properties listed there.
The VIC suburb of Mount Waverley, 3149 is in the Monash local government area.
Property investors who have had real estate in Mount Waverley, 3149 should be ok with this VIC suburb’s performance compared to the rest of the country. Over the last year it has seen median house prices increase in value by 4.64%
Mount Waverley,3149 was ranked 1143 in Australia by increase in median property value over the quarter.
Property investors looking for a bargain in Mount Waverley should be aiming for at least -4.73% off the asking price, which is the average vendor discount being achieved at the moment.
Renters in Suburb are facing rents around $5400 per annum or $450 every week.