Mont Albert has had a very poor year for property investment returns compared to the rest of VIC, giving investors a capital gain of -2.48% to date .
Comparing Mont Albert,3127 ‘s 5year and quarterly average capital gain offered to property investors, it performed less well across the longer period
In the last year 39 properties changed hands in Mont Albert, which puts it as the 471th most active market in VIC when comparing the number of sales per suburb.
A $750 per week rent on the median house gives suburb investors a gross yield of circa 1.98%, without taking into account capital value appreciation, which has been averaging out at 7.50%.
VIC has seen average median house prices change by 7.50% which means that Mont Albert, 3127 has done well for property investors by showing a capital gain of 3.02% over the last year
Vendor discounting in Mont Albert is giving property investors an average Vendor Discount of around -3.02%. This puts suburb at number 268th in VIC when ranking the most discounted suburbs.
In the last year 32 properties changed hands in Mont Albert, which puts it as the 213th most active market in VIC when comparing the number of sales per suburb.
The VIC suburb of Mont Albert, 3127 is in the Whitehorse local government area.