Property investors who have had real estate in Mulgrave, 3170 should be relatively pleased 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 10.36%
Over the longer term, Mulgrave has seen property prices show investors a 36.72% return over the last 3 years. This is worse than over the last 12 months
Mulgrave, 3170 is offering VIC ‘s 501th most discounted properties when looking at the average discount being offered by vendors. This puts it in the bottom 20% of discounts offered by this VIC.
VIC has seen average median house prices change by 3.56% which means that Mulgrave, 3170 has done well for property investors by showing a capital gain of 3.45% over the last year
Data for the last quarter indicates that, in the short term at least, the capital value growth rate for property investors in Mulgrave has increased when compared to the 5 year average annual rate.
Sellers are offering property buyers an average discount of -6.51% to buyers in Mulgrave at the moment, which is less than average for the rest of VIC.
Renters in Suburb are facing rents around $4320 per annum or $360 every week.