If you compare the increase in value of investment property in Myrtleford, 3737 to the rest of Australia, it performed quite well. The median increase in value, or capital gain property investors experienced for this VIC suburb was 3.86%.
If we look at median property appreciation over just the last three months, Myrtleford has given property investors a paper return of -0.08%. This puts Suburb as 586 on a list of fastest fasting appreciating suburbs in VIC
Vendor discounting in Myrtleford is giving property investors an average Vendor Discount of around -5.00%. This puts suburb at number 441th in VIC when ranking the most discounted suburbs.
At number 2893 in a list of fastest selling suburbs, Myrtleford is in the bottom 30% of suburbs in Australia with an average of days on market 102.087 for properties listed there.
A $300 per week rent on the median house gives suburb investors a gross yield of circa 5.27%, without taking into account capital value appreciation, which has been averaging out at 4.13%.