VIC has seen average median house prices change by 8.91% which means that Mirboo North, 3871 has done well for property investors by showing a capital gain of 2.27% over the last year
Data for the last quarter indicates that, in the short term at least, the capital value growth rate for property investors in Mirboo North has increased when compared to the 5 year average annual rate.
Mirboo North, 3871 is offering VIC ‘s 641th most discounted properties when looking at the average discount being offered by vendors. This puts it in the bottom 10% of discounts offered by this VIC.
Using the current median advertised rental of $270 and the average annual increase in value of a median property of 1.68%, investors should hope to achieve an overall return of 5.20%