Based on its average 5-year and quarterly capital gains MONT ALBERT, 3127 saw average growth in the long term.
A survey of average capital gains or median home price increase in suburbs across the country shows that MONT ALBERT, 3127 obtained a 9.14% growth over a ten-year period. It ranks 204th on our list of suburbs that property investors should look into.
MONT ALBERT, 3127 in VIC belongs to the local government area of Whitehorse.
MONT ALBERT, 3127 has a capital gain of 3.46% for the past year, which is lower than average compared to its 54.75% growth within a five-year period.
With the median home price in MONT ALBERT sitting at $1,930,500, and the average rent at $672.5, property owners could potentially earn a 1.81% increase in gross rental yield.
Figures from the previous quarter show that capital gains for real estate buyers in MONT ALBERT are low, as opposed to average gains per annum over the past five years.
| KEY PROPERTY DATA REPORT | HOUSE | UNIT |
|---|---|---|
| Median Price | $1,930,500 | $701,000 |
| GROWTH REPORT | ||
| Median Quarterly | 3.04% | 1.48% |
| Median 12 month | 3.46% | 3.85% |
| Median 3 years | 37.26% | 13.06% |
| Median 5 years | 54.75% | 36.12% |
| 10 years average annual | 9.14% | 6.46% |
| Weekly media advert. rent | $672.5 | $400 |
| Time on Market | 133.3 days | 35.0 days |
| Gross Rental Yield Percent | 1.81% | 2.97% |
There is a threshold for the land value...
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