Giving property investors a a poor capital gain of -6.52% for the last year, Mooroopna, 3629 is the 3676th highest performer in Australia in this respect.
If we look at median property appreciation over just the last three months, Mooroopna has given property investors a paper return of -1.38%. This puts Suburb as 613 on a list of fastest fasting appreciating suburbs in VIC
Mooroopna3629 is located in VIC which offers an average discount of -5.87% to property investors. Mooroopna itself is showing figures that indicate -5.74% is the average achievable by property buyers investing in the suburb.
At number 3036 in a list of fastest selling suburbs, Mooroopna is in the bottom 30% of suburbs in Australia with an average of days on market 111.96 for properties listed there.
With a capital gain of -0.91% for the last 12 months, Mooroopna, 3629 has performed for property investments than its average annual -0.94% property growth over the last 5 years.
A -3.26% growth in median value for property investors in Mooroopna,3629 puts this suburb at number 280th in terms of best performing suburbs in VIC
Sellers are offering property buyers an average discount of -4.20% to buyers in Mooroopna at the moment, which is less than average for the rest of VIC.
Advertised rents are around the $215 mark per week – giving a return of 6.86% based on the median price in Suburb
The median unit price in Mooroopna is $218,000, but there are many opportunities to buy in at an even cheaper price point. While affordability is undeniably on offer, and a strong return is likely, price appreciation may not be on the menu.Full summary
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Established, low-rise, no-fuss units are the order of the day in Mooroopna, a rural town located around 180km north of Melbourne.
The median unit price is $218,000, but there are many opportunities to buy in at an even cheaper price point. While affordability is undeniably on offer, and a strong return is likely, price appreciation may not be on the menu. If you’re seeking long-term capital growth, this may not be the right addition to your portfolio, as average annual growth is negligible at 0.62%, while unit values have retracted more than 5% in the last 12 months.Close