Investment property in Mansfield has done pretty poorly for investors when compared to the country as a whole over the last 12 months, with an increase in the median house price of 0.28%
Over the longer term, Mansfield has seen property prices show investors a 1.42% return over the last 3 years. This is worse than over the last 12 months
Our latest figures would indicate that property sellers in Mansfield are currently offering property investors an average price cut of -5.06% below the asking price at the moment.
The VIC suburb of Mansfield, 3722 is in the Mansfield local government area.
Property value increases in Mansfield have tracked lower than the VIC average of 3.11% over the last 12 months.
Over the longer term, Mansfield has seen property prices show investors a 9.36% return over the last 3 years. This is worse than over the last 12 months
With the median price for a house in Mansfield being $257000 and the advertised rent reaching $300 the gross rental yield for property investors calculates out to be 6.07%