Property value increases in Mount Evelyn have tracked higher than the VIC average of 8.13% over the last 12 months.
Data for the last quarter indicates that, in the short term at least, the capital value growth rate for property investors in Mount Evelyn has increased when compared to the 5 year average annual rate.
The most recent median price for Mount Evelyn is $533000, with sellers offering an average of -5.10% off the asking price.
Mount Evelyn, 3796’s gross rental yield is 3.41%
Over the last year, property investments in Mount Evelyn, 3796 have given investors a capital gain of 5.56%. This compares favourably with the 3.56% for VIC as a whole.