Mont Albert is in the TOP 30% in VIC when comparing median price capital growth over the last year. Mont Albert gave property investors a good capital gain figure when compared to the rest of the state, with 19.32%.
Taking the average capital gain, or increase in median house value, Mont Albert,3127 has racked up an average of 19.32% over the period. This ranks it number 522th in the whole country for real estate investors looking at median house price increases.
Advertised rents are around the $700 mark per week – giving a return of 1.73% based on the median price in Suburb
If you compare the increase in value of investment property in Mont Albert, 3127 to the rest of Australia, it performed around average. The median increase in value, or capital gain property investors experienced for this VIC suburb was 3.66%.
When looking at the potential capital gains offered to property investors over the last 3 years, Mont Albert comes in at number 136th in VIC.
With the median price for a house in Mont Albert being $715000 and the advertised rent reaching $420 the gross rental yield for property investors calculates out to be 3.05%