Investment property in Mount Clear has done pretty poorly for investors when compared to the country as a whole over the last 12 months, with an increase in the median house price of 2.26%
When looking at the potential capital gains offered to property investors over the last 3 years, Mount Clear comes in at number 555th in VIC.
Property buyers and investors in Mount Clear 3350 should be seeing an average reduction in asking price of around -3.94% . This means that Mount Clear is holding prices well when compared to other suburbs in VIC.
Residents and property investors in Mount Clear have been waiting around 55.22 days to sell a property.
Situated 99.35km from the CBD, Mount Clear is one of Ballarat localities in the postcode 3350.
Mount Clear, 3350 ranked 130th in VIC when comparing growth in median property values or capital gain over the last 12 months. Mount Clear is one of 2098 in our list for VIC
Taking the average capital gain, or increase in median house value, Mount Clear,3350 has racked up an average of 13.43% over the period. This ranks it number 1100th in the whole country for real estate investors looking at median house price increases.
Using the current median advertised rental of $270 and the average annual increase in value of a median property of 2.43%, investors should hope to achieve an overall return of 5.73%