Property value increases in Mount Clear have tracked lower than the VIC average of 10.43% over the last 12 months.
Comparing Mount Clear,3350 ‘s 5year and quarterly average capital gain offered to property investors, it performed less well across the longer period
Mount Clear, 3350 is offering VIC ‘s 406th most discounted properties when looking at the average discount being offered by vendors. This puts it in the bottom 40% of discounts offered by this VIC.
With the median price for a house in Mount Clear being $345500 and the advertised rent reaching $320 the gross rental yield for property investors calculates out to be 4.82%
Investment property in Mount Clear has done poorly for investors when compared to the country as a whole over the last 12 months, with an increase in the median house price of -9.24%
Taking the average capital gain, or increase in median house value, Mount Clear,3350 has racked up an average of -9.24% over the period. This ranks it number 1556th in the whole country for real estate investors looking at median house price increases.
At number 16th of VIC’s most discounted properties, Mount Clear is in the bottom 10% of the state/territory when listing in order of most discounted to least.
The VIC suburb of Mount Clear, 3350 is in the Ballarat local government area.