At number 1759th in the list of Australian suburbs ordered by increase in median house value over the last year, Mansfield, 3722 is in the top half with a property value increase of 6.76% recorded in median house prices.
Mansfield,3722 was ranked 1102 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 -5.08. This rate of discount on properties puts Suburb at number 273th in terms of most discounted suburbs in VIC
Advertised rents are around the $330 mark per week – giving a return of 4.34% based on the median price in Suburb
Mansfield is in the bottom 10% in VIC when comparing median price capital growth over the last year. Mansfield gave property investors a dismal capital gain figure when compared to the rest of the state, with -20.63%.
Over the longer term, Mansfield has seen property prices show investors a -6.02% return over the last 3 years. This is worse than over the last 12 months
Advertised rents are around the $285 mark per week – giving a return of 5.93% based on the median price in Suburb