Investment property in Mount Macedon has done well for investors when compared to the country as a whole over the last 12 months, with an increase in the median house price of 15.03%
While Mount Macedon,3441 ranked number 32th in VIC for increase in median house value (annualised) increase, it is ranked 151th over the last 5 years.
Property buyers and investors in Mount Macedon 3441 should be seeing an average reduction in asking price of around -9.64% . This means that Mount Macedon is holding prices well when compared to other suburbs in VIC.
Using the current median advertised rental of $442.5 and the average annual increase in value of a median property of 4.87%, investors should hope to achieve an overall return of 3.07%