Mount Evelyn has had a pretty average year for property investment returns compared to the rest of VIC, giving investors a capital gain of 9.29% to date .
The five-year average increase in median property values for Mount Evelyn,3796 has given property investors a potential capital gain of 43.44% across each of those five years.
Property investors looking for a bargain in Mount Evelyn should be aiming for at least -4.20% off the asking price, which is the average vendor discount being achieved at the moment.
On average over the past year, suburb has had 11.42 sales per month, which equates to 137 per year.
A $370 per week rent on the median house gives suburb investors a gross yield of circa 3.35%, without taking into account capital value appreciation, which has been averaging out at 7.63%.