With a capital gain of 3.51% for the last 12 months, Mount Clear, 3350 has performed for property investments than its average annual 5.55% property growth over the last 5 years.
Data for the last quarter indicates that, in the short term at least, the capital value growth rate for property investors in Mount Clear has increased when compared to the 5 year average annual rate.
Mount Clear3350 is located in VIC which offers an average discount of -6.51% to property investors. Mount Clear itself is showing figures that indicate -6.54% is the average achievable by property buyers investing in the suburb.
Mount Clear, 3350’s gross rental yield is 4.57%
Over the last year, property investments in Mount Clear, 3350 have given investors a capital gain of 4.08%. This compares averagely with the 6.11% for VIC as a whole.
Mount Clear,3350 was ranked 339 in Australia by increase in median property value over the quarter.
Residents and property investors in Mount Clear have been waiting around 46.3333 days to sell a property.
With the median price for a house in Mount Clear being $268000 and the advertised rent reaching $310 the gross rental yield for property investors calculates out to be 6.01%