At number 2701th in the list of Australian suburbs ordered by increase in median house value over the last year, Mount Beauty, 3699 is in the BOTTOM 40% with a property value increase of 1.06% recorded in median house prices.
Across a shorter period, Mount Beauty, 3699 has seen a median price increase of 6.39% over the last quarter.
LACK OF BUYER INTEREST may well be the reason that Mount Beauty is offering property investors an average of -6.03. This rate of discount on properties puts Suburb at number 103th in terms of most discounted suburbs in VIC
Using the current median advertised rental of $270 and the average annual increase in value of a median property of 1.66%, investors should hope to achieve an overall return of 7.33%