Property value increases in Mallacoota have tracked just lower than the VIC average of 10.96% over the last 12 months.
A 38.46% growth in median value for property investors in Mallacoota,3892 puts this suburb at number 25th in terms of best performing suburbs in VIC
Our latest figures would indicate that property sellers in Mallacoota are currently offering property investors an average price cut of -6.21% below the asking price at the moment.
In the last year 33 properties changed hands in Mallacoota, which puts it as the 536th most active market in VIC when comparing the number of sales per suburb.
With the median price for a house in Mallacoota being $450000 and the advertised rent reaching $1300 the gross rental yield for property investors calculates out to be 15.02%