If you compare the increase in value of investment property in Mount Evelyn, 3796 to the rest of Australia, it performed somewhat poorly. The median increase in value, or capital gain property investors experienced for this VIC suburb was -1.52%.
Data for the last quarter indicates that, in the short term at least, the capital value growth rate for property investors in Mount Evelyn has increased when compared to the 5 year average annual rate.
Mount Evelyn3796 is located in VIC which offers an average discount of -6.34% to property investors. Mount Evelyn itself is showing figures that indicate -6.48% is the average achievable by property buyers investing in the suburb.
With the median price for a house in Mount Evelyn being $650000 and the advertised rent reaching $420 the gross rental yield for property investors calculates out to be 3.36%