Giving property investors a an average capital gain of 4.68% for the last year, Montmorency, 3094 is the 1769th highest performer in Australia in this respect.
The five-year average increase in median property values for Montmorency,3094 has given property investors a potential capital gain of 63.47% across each of those five years.
Property investors looking for a bargain in Montmorency should be aiming for at least -5.88% off the asking price, which is the average vendor discount being achieved at the moment.
Using the current median advertised rental of $475 and the average annual increase in value of a median property of 7.57%, investors should hope to achieve an overall return of 2.76%
With a capital gain of 2.29% for the last 12 months, Montmorency, 3094 has performed for property investments than its average annual 6.75% property growth over the last 5 years.
Montmorency,3094 has offered an average of 2.29% return per annum in house price rises to property investors over the last three years.
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 Montmorency, 3094. Typically our figures indicate that -2.18% is being offered, which puts this VIC suburb at 1440th most discounted overall in Australia.
At number 57 in a list of fastest selling suburbs, Montmorency is in the TOP 10% of suburbs in Australia with an average of days on market 32.97 for properties listed there.
Property investors should expect to get $397.5 weekly from the median priced house in this suburb.