Mount Beauty is in the TOP 20% in VIC when comparing median price capital growth over the last year. Mount Beauty gave property investors a very good capital gain figure when compared to the rest of the state, with 21.14%.
While Mount Beauty,3699 ranked number 59th in VIC for increase in median house value (annualised) increase, it is ranked 348th over the last 5 years.
LACK OF BUYER INTEREST may well be the reason that Mount Beauty is offering property investors an average of -5.53. This rate of discount on properties puts Suburb at number 224th in terms of most discounted suburbs in VIC
Often selling an investment property can take time, and in Mount Beauty the average time real estate has been on the market is 131.89 days.
Mount Beauty, 3699’s gross rental yield is 6.62%