If you compare the increase in value of investment property in Mount Beauty, 3699 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 0.92%.
While Mount Beauty,3699 ranked number 99th in VIC for increase in median house value (annualised) increase, it is ranked 468th over the last 5 years.
LACK OF BUYER INTEREST may well be the reason that Mount Beauty is offering property investors an average of -5.87. This rate of discount on properties puts Suburb at number 146th in terms of most discounted suburbs in VIC
At number 3417 in a list of fastest selling suburbs, Mount Beauty is in the bottom 20% of suburbs in Australia with an average of days on market 131.18 for properties listed there.
The VIC suburb of Mount Beauty, 3699 is in the Alpine local government area.