At number 3644th in the list of Australian suburbs ordered by increase in median house value over the last year, Mirboo North, 3871 is in the BOTTOM 20% with a property value increase of -6.14% recorded in median house prices.
Over the longer term, Mirboo North has seen property prices show investors a 7.00% return over the last 3 years. This is worse than over the last 12 months
Vendor discounting in Mirboo North is giving property investors an average Vendor Discount of around -6.44%. This puts suburb at number 137th in VIC when ranking the most discounted suburbs.
At number 2410 in a list of fastest selling suburbs, Mirboo North is in the bottom 40% of suburbs in Australia with an average of days on market 88.5 for properties listed there.
Advertised rents are around the $265 mark per week – giving a return of 5.15% based on the median price in Suburb