VIC has seen average median house prices change by 8.27% which means that Mount Martha, 3934 has done well for property investors by showing a capital gain of 13.42% over the last year
Comparing Mount Martha,3934 ‘s 5year and quarterly average capital gain offered to property investors, it performed less well across the longer period
Property buyers and investors in Mount Martha 3934 should be seeing an average reduction in asking price of around -4.01% . This means that Mount Martha is holding prices well when compared to other suburbs in VIC.
Renters in Suburb are facing rents around $6000 per annum or $500 every week.
Investment property in Mount Martha has done around average for investors when compared to the country as a whole over the last 12 months, with an increase in the median house price of 3.87%
Mount Martha,3934 was ranked 866 in Australia by increase in median property value over the quarter.
When looking to buy, or assessing what properties are really achieving at sale, it's essential for property investors to take into account what discounts are being offered in Mount Martha, 3934. Typically our figures indicate that -2.04% is being offered, which puts this VIC suburb at 1445th most discounted overall in Australia.
Mount Martha, 3934’s gross rental yield is 4.17%