With a capital gain of 12.03% for the last 12 months, Montmorency, 3094 has performed for property investments than its average annual 7.81% property growth over the last 5 years.
Montmorency,3094 has offered an average of 12.03% return per annum in house price rises to property investors over the last three years.
Property investors looking for a bargain in Montmorency should be aiming for at least -3.86% off the asking price, which is the average vendor discount being achieved at the moment.
VIC has seen average median house prices change by 8.36% which means that Montmorency, 3094 has done well for property investors by showing a capital gain of 11.11% over the last year
Over the longer term, Montmorency has seen property prices show investors a 36.76% return over the last 3 years. This is worse than over the last 12 months
Montmorency, 3094 is offering VIC ‘s 324th most discounted properties when looking at the average discount being offered by vendors. This puts it in the bottom 10% of discounts offered by this VIC.
Advertised rents are around the $387.5 mark per week – giving a return of 2.89% based on the median price in Suburb