Mansfield has had a quite poor year for property investment returns compared to the rest of VIC, giving investors a capital gain of 4.73% to date .
Over the longer term, Mansfield has seen property prices show investors a 7.35% return over the last 3 years. This is worse than over the last 12 months
Sellers are offering property buyers an average discount of -5.99% to buyers in Mansfield at the moment, which is less than average for the rest of VIC.
Property investors who have had real estate in Mansfield, 3722 should be pleased with this VIC suburb’s performance compared to the rest of the country. Over the last year it has seen median house prices increase in value by 12.26%
While Mansfield,3722 ranked number 330th in VIC for increase in median house value (annualised) increase, it is ranked 12th over the last 5 years.
Property buyers and investors in Mansfield 3722 should be seeing an average reduction in asking price of around -3.70% . This means that Mansfield is holding prices well when compared to other suburbs in VIC.
Mansfield, 3722’s gross rental yield is 5.24%