VIC has seen average median house prices change by 8.23% which means that Mirboo North, 3871 has done well for property investors by showing a capital gain of 21.20% over the last year
Mirboo North,3871 has offered an average of 21.20% return per annum in house price rises to property investors over the last three years.
Our latest figures would indicate that property sellers in Mirboo North are currently offering property investors an average price cut of -6.81% below the asking price at the moment.
On average over the past year, suburb has had 2.17 sales per month, which equates to 26 per year.
Using the current median advertised rental of $250 and the average annual increase in value of a median property of 5.01%, investors should hope to achieve an overall return of 4.66%