If you compare the increase in value of investment property in Mornington, 4825 to the rest of Australia, it performed poorly. The median increase in value, or capital gain property investors experienced for this QLD suburb was -5.17%.
Data for the last quarter indicates that, in the short term at least, the capital value growth rate for property investors in Mornington has fallen somewhat when compared to the 5 year average annual rate.
Mornington, 4825 is offering QLD ‘s 126th most discounted properties when looking at the average discount being offered by vendors. This puts it in the TOP 20% of discounts offered by this QLD.
Using the current median advertised rental of $420 and the average annual increase in value of a median property of -3.54%, investors should hope to achieve an overall return of 7.94%