Over the last year, property investments in Mount Martha, 3934 have given investors a capital gain of 13.80%. This compares favourably with the 8.96% for VIC as a whole.
Taking the average capital gain, or increase in median house value, Mount Martha,3934 has racked up an average of 13.80% over the period. This ranks it number 1043th in the whole country for real estate investors looking at median house price increases.
Sellers are offering property buyers an average discount of -4.05% to buyers in Mount Martha at the moment, which is less than average for the rest of VIC.
A $495 per week rent on the median house gives suburb investors a gross yield of circa 2.99%, without taking into account capital value appreciation, which has been averaging out at 7.73%.
Over the last year, property investments in Mount Martha, 3934 have given investors a capital gain of 4.23%. This compares averagely with the 4.26% for VIC as a whole.
A 35.33% growth in median value for property investors in Mount Martha,3934 puts this suburb at number 129th 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 -2.04% . This means that Mount Martha is holding prices well when compared to other suburbs in VIC.
On average over the past year, suburb has had 7.00 sales per month, which equates to 84 per year.
Situated 46.98km from the CBD, Mount Martha is one of Mornington Peninsula localities in the postcode 3934.