VIC has seen average median house prices change by 7.80% which means that Mount Waverley, 3149 has done well for property investors by showing a capital gain of 3.75% over the last year
Mount Waverley,3149 was ranked 2958 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 -9.50% off the asking price, which is the average vendor discount being achieved at the moment.
At number 1472 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 70.94 for properties listed there.
Advertised rents are around the $470 mark per week – giving a return of 1.96% based on the median price in Suburb
Over the last year, property investments in Mount Waverley, 3149 have given investors a capital gain of 2.56%. This compares averagely with the 3.63% for VIC as a whole.
The five-year average increase in median property values for Mount Waverley,3149 has given property investors a potential capital gain of 27.24% across each of those five years.
Property buyers and investors in Mount Waverley 3149 should be seeing an average reduction in asking price of around -4.60% . This means that Mount Waverley is holding prices well when compared to other suburbs in VIC.
Mount Waverley is 362th on a list of best yielding suburbs for rents in VIC with a 2.86% return