If you compare the increase in value of investment property in Mooroopna, 3629 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 -2.39%.
Across a shorter period, Mooroopna, 3629 has seen a median price increase of -2.39% over the last quarter.
LACK OF BUYER INTEREST may well be the reason that Mooroopna is offering property investors an average of -5.99. This rate of discount on properties puts Suburb at number 381th in terms of most discounted suburbs in VIC
Situated 161.92km from the CBD, Mooroopna is one of Greater Shepparton localities in the postcode 3629.
With a capital gain of -16.06% for the last 12 months, Mooroopna, 3629 has performed for property investments than its average annual -0.67% property growth over the last 5 years.
When looking at the potential capital gains offered to property investors over the last 3 years, Mooroopna comes in at number 356th in VIC.
On average over the past year, suburb has had 0.83 sales per month, which equates to 10 per year.
Advertised rents are around the $220 mark per week – giving a return of 8.26% based on the median price in Suburb