Giving property investors a a stable capital gain of 9.27% for the last year, Mirboo North, 3871 is the 1181th highest performer in Australia in this respect.
Data for the last quarter indicates that, in the short term at least, the capital value growth rate for property investors in Mirboo North has increased when compared to the 5 year average annual rate.
State is the 6th most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -6.03% offered to property buyers. Sellers in Mirboo North itself are offering an average vendor discount of -7.91% to real estate investors.
Using the current median advertised rental of $260 and the average annual increase in value of a median property of 4.53%, investors should hope to achieve an overall return of 4.88%