VIC has seen average median house prices change by -1.69% which means that Mont Albert, 3127 has not done well for property investors by showing a capital gain of -15.39% over the last year
Taking the average capital gain, or increase in median house value, Mont Albert,3127 has racked up an average of -15.39% over the period. This ranks it number 3515th in the whole country for real estate investors looking at median house price increases.
With a capital gain of -3.75% for the last 12 months, Mont Albert, 3127 has performed for property investments than its average annual 5.31% property growth over the last 5 years.
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.
A $440 per week rent on the median house gives suburb investors a gross yield of circa 3.18%, without taking into account capital value appreciation, which has been averaging out at 5.31%.