Mount Waverley, 3149 ranked 529th in VIC when comparing growth in median property values or capital gain over the last 12 months. Mount Waverley is one of 2098 in our list for VIC
Data for the last quarter indicates that, in the short term at least, the capital value growth rate for property investors in Mount Waverley has increased when compared to the 5 year average annual rate.
The most recent median price for Mount Waverley is $1300000, with sellers offering an average of -9.25% off the asking price.
At number 1965 in a list of fastest selling suburbs, Mount Waverley is just in the bottom half of suburbs in Australia with an average of days on market 81.72 for properties listed there.
Renters in Suburb are facing rents around $5640 per annum or $470 every week.
Investment property in Mount Waverley has done around average for investors when compared to the country as a whole over the last 12 months, with an increase in the median house price of 4.63%
If we look at median property appreciation over just the last three months, Mount Waverley has given property investors a paper return of 1.45%. This puts Suburb as 167 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 -5.03. This rate of discount on properties puts Suburb at number 228th in terms of most discounted suburbs in VIC
Renters in Suburb are facing rents around $5220 per annum or $435 every week.