Property investors who have had real estate in Mount Evelyn, 3796 should be relatively pleased with this VIC suburb’s performance compared to the rest of the country. Over the last year it has seen median house prices increase in value by 9.87%
The five-year average increase in median property values for Mount Evelyn,3796 has given property investors a potential capital gain of 36.99% across each of those five years.
Sellers are offering property buyers an average discount of -4.60% to buyers in Mount Evelyn at the moment, which is less than average for the rest of VIC.
With the median price for a house in Mount Evelyn being $550000 and the advertised rent reaching $360 the gross rental yield for property investors calculates out to be 3.40%
Mount Evelyn is an average performer in VIC when comparing median price capital growth over the last year. Mount Evelyn gave property investors a average capital gain figure when compared to the rest of the state, with 3.92%.
Vendor discounting in Mount Evelyn is giving property investors an average Vendor Discount of around -1.19%. This puts suburb at number 323th in VIC when ranking the most discounted suburbs.