If you compare the increase in value of investment property in Mulgrave, 3170 to the rest of Australia, it performed quite well. The median increase in value, or capital gain property investors experienced for this VIC suburb was 6.51%.
Taking the average capital gain, or increase in median house value, Mulgrave,3170 has racked up an average of 6.51% over the period. This ranks it number 823th in the whole country for real estate investors looking at median house price increases.
Sellers are offering property buyers an average discount of -6.22% to buyers in Mulgrave at the moment, which is less than average for the rest of VIC.
Renters in Suburb are facing rents around $23400 per annum or $450 every week.
Mulgrave is an average performer in VIC when comparing median price capital growth over the last year. Mulgrave gave property investors a good capital gain figure when compared to the rest of the state, with 13.39%.
When looking at the potential capital gains offered to property investors over the last 3 years, Mulgrave comes in at number 147th in VIC.