Property value increases in Mount Martha have tracked just higher than the VIC average of 8.23% over the last 12 months.
Mount Martha,3934 was ranked 1200 in Australia by increase in median property value over the quarter.
Property buyers and investors in Mount Martha 3934 should be seeing an average reduction in asking price of around -4.71% . This means that Mount Martha is holding prices well when compared to other suburbs in VIC.
Mount Martha is 391th on a list of best yielding suburbs for rents in VIC with a 3.27% return
With a capital gain of 9.37% for the last 12 months, Mount Martha, 3934 has performed for property investments than its average annual 5.75% property growth over the last 5 years.
Comparing Mount Martha,3934 ‘s 5year and quarterly average capital gain offered to property investors, it performed less well across the longer period
Property investors looking for a bargain in Mount Martha should be aiming for at least -2.31% off the asking price, which is the average vendor discount being achieved at the moment.
Mount Martha, 3934’s gross rental yield is 4.13%