Mernda has had a pretty good year for property investment returns compared to the rest of VIC, giving investors a capital gain of 17.08% to date .
A 33.32% growth in median value for property investors in Mernda,3754 puts this suburb at number 72th in terms of best performing suburbs in VIC
At number 91th of VIC’s most discounted properties, Mernda is in the TOP 10% of the state/territory when listing in order of most discounted to least.
The VIC suburb of Mernda, 3754 is in the Whittlesea local government area.
Property investors who have had real estate in Mernda, 3754 should be relatively pleased with this VIC suburb’s performance compared to the rest of the country. Over the last year it has seen median house prices increase in value by 10.30%
If we look at median property appreciation over just the last three months, Mernda has given property investors a paper return of 6.41%. This puts Suburb as 66 on a list of fastest fasting appreciating suburbs in VIC
With the median price for a house in Mernda being $332000 and the advertised rent reaching $320 the gross rental yield for property investors calculates out to be 5.01%