With a capital gain of 11.29% for the last 12 months, Mount Waverley, 3149 has performed for property investments than its average annual 9.81% property growth over the last 5 years.
If we look at median property appreciation over just the last three months, Mount Waverley has given property investors a paper return of 3.14%. This puts Suburb as 306 on a list of fastest fasting appreciating suburbs in VIC
Property buyers and investors in Mount Waverley 3149 should be seeing an average reduction in asking price of around -3.23% . This means that Mount Waverley is holding prices well when compared to other suburbs in VIC.
Residents and property investors in Mount Waverley have been waiting around 10.3 days to sell a property.
Renters in Suburb are facing rents around $5760 per annum or $480 every week.
At number 1033th in the list of Australian suburbs ordered by increase in median house value over the last year, Mount Waverley, 3149 is in the BOTTOM 50% with a property value increase of 1.82% recorded in median house prices.
While Mount Waverley,3149 ranked number 250th in VIC for increase in median house value (annualised) increase, it is ranked 21th over the last 5 years.
With the median price for a house in Mount Waverley being $840000 and the advertised rent reaching $450 the gross rental yield for property investors calculates out to be 2.79%