With a capital gain of 2.90% for the last 12 months, Mount Clear, 3350 has performed for property investments than its average annual 4.06% property growth over the last 5 years.
Mount Clear,3350 has offered an average of 2.90% return per annum in house price rises to property investors over the last three years.
At number 453th of VIC’s most discounted properties, Mount Clear is in the TOP 30% of the state/territory when listing in order of most discounted to least.
Residents and property investors in Mount Clear have been waiting around 70.81 days to sell a property.
Advertised rents are around the $317.5 mark per week – giving a return of 4.89% based on the median price in Suburb
Investment property in Mount Clear has done pretty 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 -1.14%
Taking the average capital gain, or increase in median house value, Mount Clear,3350 has racked up an average of -1.14% over the period. This ranks it number 1488th in the whole country for real estate investors looking at median house price increases.
Property buyers and investors in Mount Clear 3350 should be seeing an average reduction in asking price of around -5.17% . This means that Mount Clear is holding prices well when compared to other suburbs in VIC.
In the last year 16 properties changed hands in Mount Clear, which puts it as the 324th most active market in VIC when comparing the number of sales per suburb.
Mount Clear is 15th on a list of best yielding suburbs for rents in VIC with a 6.04% return