Mount Pleasant is in the bottom 10% in VIC when comparing median price capital growth over the last year. Mount Pleasant gave property investors a dismal capital gain figure when compared to the rest of the state, with -7.50%.
Data for the last quarter indicates that, in the short term at least, the capital value growth rate for property investors in Mount Pleasant has increased when compared to the 5 year average annual rate.
Mount Pleasant3350 is located in VIC which offers an average discount of -5.08% to property investors. Mount Pleasant itself is showing figures that indicate -6.15% is the average achievable by property buyers investing in the suburb.
Often selling an investment property can take time, and in Mount Pleasant the average time real estate has been on the market is 54.51 days.
Mount Pleasant, 3350’s gross rental yield is 5.23%
The five-year average increase in median property values for Mount Pleasant,3350 has given property investors a potential capital gain of 52.86% across each of those five years.
LACK OF BUYER INTEREST may well be the reason that Mount Pleasant is offering property investors an average of -4.70. This rate of discount on properties puts Suburb at number 43th in terms of most discounted suburbs in VIC
Residents and property investors in Mount Pleasant have been waiting around 136.63 days to sell a property.
Mount Pleasant, 3350’s gross rental yield is 5.59%