Property investors who have had real estate in Mont Albert North, 3129 should be relatively unhappy with this VIC suburb’s performance compared to the rest of the country. Over the last year it has seen median house prices increase in value by 2.99%
When looking at the potential capital gains offered to property investors over the last 3 years, Mont Albert North comes in at number 293th in VIC.
When looking to buy, or assessing what properties are really achieving at sale, it's essential for property investors to take into account what discounts are being offered in Mont Albert North, 3129. Typically our figures indicate that -3.33% is being offered, which puts this VIC suburb at 3409th most discounted overall in Australia.
Residents and property investors in Mont Albert North have been waiting around 59.83 days to sell a property.
Mont Albert North, 3129’s gross rental yield is 1.85%
With a capital gain of 8.51% for the last 12 months, Mont Albert North, 3129 has performed for property investments than its average annual 6.95% property growth over the last 5 years.
Comparing Mont Albert North,3129 ‘s 5year and quarterly average capital gain offered to property investors, it performed less well across the longer period
Property investors looking for a bargain in Mont Albert North should be aiming for at least -9.67% off the asking price, which is the average vendor discount being achieved at the moment.
Renters in Suburb are facing rents around $5580 per annum or $465 every week.