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 8.72% growth over a ten-year period. It ranks 307th 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 10.47% for the past year, which is lower than average compared to its 76.84% growth within a five-year period.
With the median home price in MONT ALBERT sitting at $2,100,000, and the average rent at $700, property owners could potentially earn a 1.73% 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.
A steady increase in median property prices over a five-year period in MONT ALBERT, 3127 translates to a 25.74% capital gain.
Property investors enjoyed capital gains of 7.97% over the last 12 months in MONT ALBERT, translating to lower returns compared with its peers in VIC.
MONT ALBERT, 3127 delivered a stronger performance in contrast to other Australian suburbs in terms of appreciation of property value. Investors saw the median home price rise to $745,000.
Profits due to an upward trend in home prices in MONT ALBERT, 3127 averaged 8.58% per annum over a 3-year period.
Home owners selling their properties and realtors in MONT ALBERT usually have to wait an average of 56.3 days days before their assets are lifted off the market.
Average weekly rents on listings have reached the $430 mark, reflecting a 3% increase in returns based on the current median price in MONT ALBERT.
MONT ALBERT, 3127 places 189th in Australia based on median property value growth during the quarter.