Myrtleford is in the TOP 20% in VIC when comparing median price capital growth over the last year. Myrtleford gave property investors a very good capital gain figure when compared to the rest of the state, with 18.28%.
If we look at median property appreciation over just the last three months, Myrtleford has given property investors a paper return of 10.78%. This puts Suburb as 27 on a list of fastest fasting appreciating suburbs in VIC
Sellers are offering property buyers an average discount of -4.67% to buyers in Myrtleford at the moment, which is less than average for the rest of VIC.
At number 2566 in a list of fastest selling suburbs, Myrtleford is in the bottom 40% of suburbs in Australia with an average of days on market 97.39 for properties listed there.
Using the current median advertised rental of $270 and the average annual increase in value of a median property of 3.15%, investors should hope to achieve an overall return of 5.11%