Over the last year, property investments in Mansfield, 3722 have given investors a capital gain of 2.76%. This compares badly with the 8.96% for VIC as a whole.
Mansfield,3722 was ranked 1437 in Australia by increase in median property value over the quarter.
LACK OF BUYER INTEREST may well be the reason that Mansfield is offering property investors an average of -5.87. This rate of discount on properties puts Suburb at number 351th in terms of most discounted suburbs in VIC
Renters in Suburb are facing rents around $4080 per annum or $340 every week.
Investment property in Mansfield has done 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 -6.32%
Taking the average capital gain, or increase in median house value, Mansfield,3722 has racked up an average of -6.32% over the period. This ranks it number 854th in the whole country for real estate investors looking at median house price increases.
Vendor discounting in Mansfield is giving property investors an average Vendor Discount of around -3.15%. This puts suburb at number 281th in VIC when ranking the most discounted suburbs.
On average over the past year, suburb has had 1.33 sales per month, which equates to 16 per year.
A $320 per week rent on the median house gives suburb investors a gross yield of circa 5.28%, without taking into account capital value appreciation, which has been averaging out at 2.50%.