Property value increases in Mulgrave have tracked close to the VIC average of 4.41% over the last 12 months.
Taking the average capital gain, or increase in median house value, Mulgrave,3170 has racked up an average of 1.96% over the period. This ranks it number 1955th in the whole country for real estate investors looking at median house price increases.
At number 482th of VIC’s most discounted properties, Mulgrave is in the TOP 10% of the state/territory when listing in order of most discounted to least.
Often selling an investment property can take time, and in Mulgrave the average time real estate has been on the market is 74.1087 days.
Property investors who have had real estate in Mulgrave, 3170 should be relatively pleased with this VIC suburb’s performance compared to the rest of the country. Over the last year it has seen median house prices increase in value by 8.06%
If we look at median property appreciation over just the last three months, Mulgrave has given property investors a paper return of 7.31%. This puts Suburb as 36 on a list of fastest fasting appreciating suburbs in VIC
In the last year 39 properties changed hands in Mulgrave, which puts it as the 212th most active market in VIC when comparing the number of sales per suburb.
The VIC suburb of Mulgrave, 3170 is in the Monash (C) local government area.