Property investors who have had real estate in Mount Martha, 3934 should be relatively pleased with this VIC suburb’s performance compared to the rest of the country. Over the last year it has seen median house prices increase in value by 11.27%
A 27.63% growth in median value for property investors in Mount Martha,3934 puts this suburb at number 400th in terms of best performing suburbs in VIC
Property buyers and investors in Mount Martha 3934 should be seeing an average reduction in asking price of around -4.45% . This means that Mount Martha is holding prices well when compared to other suburbs in VIC.
The VIC suburb of Mount Martha, 3934 is in the Mornington Peninsula local government area.
With a capital gain of 5.03% for the last 12 months, Mount Martha, 3934 has performed for property investments than its average annual 5.90% property growth over the last 5 years.
Taking the average capital gain, or increase in median house value, Mount Martha,3934 has racked up an average of 5.03% over the period. This ranks it number 665th in the whole country for real estate investors looking at median house price increases.
Our latest figures would indicate that property sellers in Mount Martha are currently offering property investors an average price cut of -1.85% below the asking price at the moment.
In the last year 83 properties changed hands in Mount Martha, which puts it as the 107th most active market in VIC when comparing the number of sales per suburb.
Mount Martha is 177th on a list of best yielding suburbs for rents in VIC with a 4.28% return