Property value increases in Mirboo North have tracked just lower than the VIC average of 8.96% over the last 12 months.
Mirboo North,3871 has offered an average of 2.00% return per annum in house price rises to property investors over the last three years.
Sellers are offering property buyers an average discount of -7.81% to buyers in Mirboo North at the moment, which is less than average for the rest of VIC.
At number 3302 in a list of fastest selling suburbs, Mirboo North is in the bottom 20% of suburbs in Australia with an average of days on market 124.44 for properties listed there.
With the median price for a house in Mirboo North being $267250 and the advertised rent reaching $265 the gross rental yield for property investors calculates out to be 5.16%