If you compare the increase in value of investment property in Miners Rest, 3352 to the rest of Australia, it performed somewhat poorly. The median increase in value, or capital gain property investors experienced for this VIC suburb was 2.26%.
Miners Rest,3352 has offered an average of 2.26% return per annum in house price rises to property investors over the last three years.
Our latest figures would indicate that property sellers in Miners Rest are currently offering property investors an average price cut of -5.97% below the asking price at the moment.
On average over the past year, suburb has had 6.33 sales per month, which equates to 76 per year.
Using the current median advertised rental of $330 and the average annual increase in value of a median property of 3.18%, investors should hope to achieve an overall return of 5.05%