Giving property investors a an average capital gain of 5.52% for the last year, Mount Martha, 3934 is the 1995th highest performer in Australia in this respect.
While Mount Martha,3934 ranked number 334th in VIC for increase in median house value (annualised) increase, it is ranked 323th over the last 5 years.
Vendor discounting in Mount Martha is giving property investors an average Vendor Discount of around -5.10%. This puts suburb at number 268th in VIC when ranking the most discounted suburbs.
Using the current median advertised rental of $517.5 and the average annual increase in value of a median property of 7.91%, investors should hope to achieve an overall return of 2.84%
Over the last year, property investments in Mount Martha, 3934 have given investors a capital gain of 0.90%. This compares badly with the 8.22% for VIC as a whole.
Over the longer term, Mount Martha has seen property prices show investors a 22.28% return over the last 3 years. This is worse than over the last 12 months
LACK OF BUYER INTEREST may well be the reason that Mount Martha is offering property investors an average of -4.70. This rate of discount on properties puts Suburb at number 201th in terms of most discounted suburbs in VIC
On average over the past year, suburb has had 5.33 sales per month, which equates to 64 per year.