If you compare the increase in value of investment property in Mulgrave, 3170 to the rest of Australia, it performed very well. The median increase in value, or capital gain property investors experienced for this VIC suburb was 16.62%.
When looking at the potential capital gains offered to property investors over the last 3 years, Mulgrave comes in at number 190th in VIC.
Situated 22.98km from the CBD, Mulgrave is one of Monash localities in the postcode 3170.
Over the last year, property investments in Mulgrave, 3170 have given investors a capital gain of 2.88%. This compares badly with the 6.72% for VIC as a whole.
Across a shorter period, Mulgrave, 3170 has seen a median price increase of 3.67% over the last quarter.
Mulgrave is 298th on a list of best yielding suburbs for rents in VIC with a 3.32% return