If you compare the increase in value of investment property in Mulgrave, 3170 to the rest of Australia, it performed poorly. The median increase in value, or capital gain property investors experienced for this VIC suburb was -10.50%.
Data for the last quarter indicates that, in the short term at least, the capital value growth rate for property investors in Mulgrave has increased when compared to the 5 year average annual rate.
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 Mulgrave, 3170. Typically our figures indicate that -5.79% is being offered, which puts this VIC suburb at 2205th most discounted overall in Australia.
Mulgrave is 449th on a list of best yielding suburbs for rents in VIC with a 3.06% return
Mulgrave, 3170 ranked 164th in VIC when comparing growth in median property values or capital gain over the last 12 months. Mulgrave is one of 2099 in our list for VIC
Mulgrave,3170 was ranked 772 in Australia by increase in median property value over the quarter.
Renters in Suburb are facing rents around $24440 per annum or $470 every week.