Property value increases in Mont Albert have tracked lower than the VIC average of 3.76% over the last 12 months.
Data for the last quarter indicates that, in the short term at least, the capital value growth rate for property investors in Mont Albert has increased when compared to the 5 year average annual rate.
In the last year 39 properties changed hands in Mont Albert, which puts it as the 475th most active market in VIC when comparing the number of sales per suburb.
Situated 12.71km from the CBD, Mont Albert is one of Whitehorse (C) localities in the postcode 3127.
At number 946th in the list of Australian suburbs ordered by increase in median house value over the last year, Mont Albert, 3127 is in the BOTTOM 50% with a property value increase of -1.88% recorded in median house prices.
If we look at median property appreciation over just the last three months, Mont Albert has given property investors a paper return of -2.07%. This puts Suburb as 245 on a list of fastest fasting appreciating suburbs in VIC
Often selling an investment property can take time, and in Mont Albert the average time real estate has been on the market is 35.56 days.
Property investors should expect to get $425 weekly from the median priced house in this suburb.