Giving property investors a an unimpressive capital gain of 1.92% for the last year, Mount Clear, 3350 is the 2677th highest performer in Australia in this respect.
A 14.72% growth in median value for property investors in Mount Clear,3350 puts this suburb at number 655th in terms of best performing suburbs in VIC
Property buyers and investors in Mount Clear 3350 should be seeing an average reduction in asking price of around -4.37% . This means that Mount Clear is holding prices well when compared to other suburbs in VIC.
Situated 96.57km from the CBD, Mount Clear is one of Ballarat localities in the postcode 3350.
With a capital gain of -4.86% for the last 12 months, Mount Clear, 3350 has performed for property investments than its average annual 0.41% property growth over the last 5 years.
Data for the last quarter indicates that, in the short term at least, the capital value growth rate for property investors in Mount Clear has fallen somewhat when compared to the 5 year average annual rate.
State is the 6th most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -5.07% offered to property buyers. Sellers in Mount Clear itself are offering an average vendor discount of -9.40% to real estate investors.
With the median price for a house in Mount Clear being $215500 and the advertised rent reaching $255 the gross rental yield for property investors calculates out to be 6.15%