At number 1555th in the list of Australian suburbs ordered by increase in median house value over the last year, Mount Waverley, 3149 is in the top 40% with a property value increase of 2.46% recorded in median house prices.
Over the longer term, Mount Waverley has seen property prices show investors a 2.07% return over the last 3 years. This is an improvement over the last 12 months
The most recent median price for Mount Waverley is $1282020, with sellers offering an average of -7.46% off the asking price.
Residents and property investors in Mount Waverley have been waiting around 66.2671 days to sell a property.
A $520 per week rent on the median house gives suburb investors a gross yield of circa 2.11%, without taking into account capital value appreciation, which has been averaging out at 6.80%.
With a capital gain of 15.66% for the last 12 months, Mount Waverley, 3149 has performed for property investments than its average annual 6.19% property growth over the last 5 years.
A 34.53% growth in median value for property investors in Mount Waverley,3149 puts this suburb at number 227th in terms of best performing suburbs in VIC
Mount Waverley3149 is located in VIC which offers an average discount of -5.98% to property investors. Mount Waverley itself is showing figures that indicate -4.17% is the average achievable by property buyers investing in the suburb.
With the median price for a house in Mount Waverley being $948444 and the advertised rent reaching $550 the gross rental yield for property investors calculates out to be 3.02%