Over the last year, property investments in Mount Beauty, 3699 have given investors a capital gain of 6.43%. This compares averagely with the 8.62% for VIC as a whole.
Data for the last quarter indicates that, in the short term at least, the capital value growth rate for property investors in Mount Beauty has increased when compared to the 5 year average annual rate.
Our latest figures would indicate that property sellers in Mount Beauty are currently offering property investors an average price cut of -5.55% below the asking price at the moment.
A $260 per week rent on the median house gives suburb investors a gross yield of circa 5.10%, without taking into account capital value appreciation, which has been averaging out at 5.12%.