At number 1504th in the list of Australian suburbs ordered by increase in median house value over the last year, Mount Evelyn, 3796 is in the top 40% with a property value increase of 8.57% recorded in median house prices.
When looking at the potential capital gains offered to property investors over the last 3 years, Mount Evelyn comes in at number 214th in VIC.
Our latest figures would indicate that property sellers in Mount Evelyn are currently offering property investors an average price cut of -4.28% below the asking price at the moment.
Often selling an investment property can take time, and in Mount Evelyn the average time real estate has been on the market is 31 days.
Property investors should expect to get $365 weekly from the median priced house in this suburb.