Property investors who have had real estate in Mount Clear, 3350 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 2.40%
Mount Clear,3350 has offered an average of 2.40% return per annum in house price rises to property investors over the last three years.
Vendor discounting in Mount Clear is giving property investors an average Vendor Discount of around -4.51%. This puts suburb at number 443th in VIC when ranking the most discounted suburbs.
Using the current median advertised rental of $320 and the average annual increase in value of a median property of 3.62%, investors should hope to achieve an overall return of 5.04%
If you compare the increase in value of investment property in Mount Clear, 3350 to the rest of Australia, it performed around average. The median increase in value, or capital gain property investors experienced for this VIC suburb was 1.65%.
Mount Clear,3350 has offered an average of 1.65% return per annum in house price rises to property investors over the last three years.
When looking to buy, or assessing what properties are really achieving at sale, it's essential for property investors to take into account what discounts are being offered in Mount Clear, 3350. Typically our figures indicate that -7.86% is being offered, which puts this VIC suburb at 176th most discounted overall in Australia.
Residents and property investors in Mount Clear have been waiting around 131.09 days to sell a property.
Using the current median advertised rental of $257.5 and the average annual increase in value of a median property of -0.07%, investors should hope to achieve an overall return of 6.23%