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Mont Albert
AREA REPORTS

Mont Albert

Mont Albert - SUBURB PROFILE REPORT
POSTAL CODE: VIC, 3127

house
unit

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 6.56% growth over a ten-year period. It ranks 1256th on our list of suburbs that property investors should look into.

MONT ALBERT, 3127 in VIC belongs to the local government area of Whitehorse (C).

MONT ALBERT, 3127 has a capital gain of 10.16% for the past year, which is higher than average compared to its 13.61% growth within a five-year period.

With the median home price in MONT ALBERT sitting at $2,120,000, and the average rent at $650, property owners could potentially earn a 1.59% 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.

Data report can be found below

Mont Albert
KEY PROPERTY DATA REPORT HOUSE UNIT
Median Price $2,120,000 $778,000
GROWTH REPORT
Median Quarterly -4.02% 3.91%
Median 12 month 10.16% 7.24%
Median 3 years 4.95% 4.01%
Median 5 years 13.61% 19.69%
10 years average annual 6.56% 3.66%
Weekly media advert. rent $650 $425
Time on Market 74.9 days 82.9 days
Gross Rental Yield Percent 1.59% 2.84%
demographics (median values)*
Total Population
18445
Weekly Household Income
2192
Household Size
2.70
Age
40
Monthly Loan Repayment
2500
* Australian Bureau of Statistics (May 2021) 2016 Census DataPacks[https://datapacks.censusdata.abs.gov.au/datapacks/],ABS Website, accessed 2016.
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