If you compare the increase in value of investment property in Mount Clear, 3350 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 13.98%.
When looking at the potential capital gains offered to property investors over the last 3 years, Mount Clear comes in at number 488th in VIC.
LACK OF BUYER INTEREST may well be the reason that Mount Clear is offering property investors an average of -5.61. This rate of discount on properties puts Suburb at number 422th in terms of most discounted suburbs in VIC
Mount Clear is 125th on a list of best yielding suburbs for rents in VIC with a 4.66% return
Property value increases in Mount Clear have tracked just higher than the VIC average of 2.97% over the last 12 months.
Over the longer term, Mount Clear has seen property prices show investors a 25.58% return over the last 3 years. This is worse than over the last 12 months
The VIC suburb of Mount Clear, 3350 is in the Ballarat (C) local government area.