Mansfield has had a A very good year for property investment returns compared to the rest of VIC, giving investors a capital gain of 13.49% to date .
When looking at the potential capital gains offered to property investors over the last 3 years, Mansfield comes in at number 161th in VIC.
Our latest figures would indicate that property sellers in Mansfield are currently offering property investors an average price cut of -6.81% below the asking price at the moment.
At number 3239 in a list of fastest selling suburbs, Mansfield is in the bottom 20% of suburbs in Australia with an average of days on market 115.526 for properties listed there.
Situated 130.27km from the CBD, Mansfield is one of Mansfield (S) localities in the postcode 3722.
Over the last year, property investments in Mansfield, 3722 have given investors a capital gain of 27.03%. This compares very favourably with the 0.68% for VIC as a whole.
Mansfield,3722 was ranked 1287 in Australia by increase in median property value over the quarter.
LACK OF BUYER INTEREST may well be the reason that Mansfield is offering property investors an average of -6.31. This rate of discount on properties puts Suburb at number 153th in terms of most discounted suburbs in VIC
Property investors should expect to get $350 weekly from the median priced house in this suburb.