If you compare the increase in value of investment property in Mount Clear, 3350 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 10.77%.
When looking at the potential capital gains offered to property investors over the last 3 years, Mount Clear comes in at number 539th in VIC.
Property buyers and investors in Mount Clear 3350 should be seeing an average reduction in asking price of around -3.78% . This means that Mount Clear is holding prices well when compared to other suburbs in VIC.
With the median price for a house in Mount Clear being $360000 and the advertised rent reaching $330 the gross rental yield for property investors calculates out to be 4.77%
Mount Clear has had a A very good year for property investment returns compared to the rest of VIC, giving investors a capital gain of 40.91% to date .
Comparing Mount Clear,3350 ‘s 5year and quarterly average capital gain offered to property investors, it performed less well across the longer period
Mount Clear is 78th on a list of best yielding suburbs for rents in VIC with a 4.70% return