Over the last year, property investments in Mount Clear, 3350 have given investors a capital gain of 1.71%. This compares badly with the 8.27% for VIC as a whole.
A 14.69% growth in median value for property investors in Mount Clear,3350 puts this suburb at number 633th in terms of best performing suburbs in VIC
Our latest figures would indicate that property sellers in Mount Clear are currently offering property investors an average price cut of -4.50% below the asking price at the moment.
Mount Clear, 3350’s gross rental yield is 5.07%
At number 1572th in the list of Australian suburbs ordered by increase in median house value over the last year, Mount Clear, 3350 is in the BOTTOM 20% with a property value increase of -10.04% recorded in median house prices.
Taking the average capital gain, or increase in median house value, Mount Clear,3350 has racked up an average of -10.04% over the period. This ranks it number 1631th in the whole country for real estate investors looking at median house price increases.
Mount Clear, 3350 is offering VIC ‘s 8th most discounted properties when looking at the average discount being offered by vendors. This puts it in the TOP 10% of discounts offered by this VIC.
In the last year 19 properties changed hands in Mount Clear, which puts it as the 300th most active market in VIC when comparing the number of sales per suburb.
A $255 per week rent on the median house gives suburb investors a gross yield of circa 6.17%, without taking into account capital value appreciation, which has been averaging out at 0.37%.