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Mont Albert North

Suburb Profile

Mont Albert North - FREE SUBURB PROFILE REPORT
POSTAL CODE: VIC,3129

house
unit

Property investors enjoyed capital gains of 20.11% over the last 12 months in MONT ALBERT NORTH, translating to lower returns compared with its peers in VIC.

A survey of average capital gains or median home price increase in suburbs across the country shows that the VIC suburb obtained a 6.66% growth over a ten-year period. It ranks 648th on our list of suburbs that property investors should look into.

MONT ALBERT NORTH, 3129 has a capital gain of 20.11% for the past year, which is higher than average compared to its 12.78% growth within a five-year period.

With the median home price in MONT ALBERT NORTH sitting at $1,500,000, and the average rent at $555, property owners could potentially earn a 1.92% increase in gross rental yield.

A 20.11% increase in median property prices in MONT ALBERT NORTH, 3129 has allowed this suburb to join the ranks of best performing suburbs in VIC, settling at number 47th.

Figures from the previous quarter show that capital gains for real estate buyers in MONT ALBERT NORTH are high, as opposed to average gains per annum over the past five years.

MONT ALBERT NORTH, 3129 in VIC belongs to the local government area of Whitehorse (C).

Data report can be found below

KEY PROPERTY DATA REPORT HOUSE UNIT
Median Price $1,500,000 $920,000
GROWTH REPORT
Median Quarterly 2.81% -10.16%
Median 12 month 20.11% -8.73%
Median 3 years -3.23% -8.46%
Median 5 years 12.78% 7.6%
10 years average annual 6.66% 5.06%
Weekly media advert. rent $555 $470
Time on Market 73.1 days 0.0 days
Gross Rental Yield Percent 1.92% 2.66%
demographics (median values)
Total Population
5011
Weekly Household Income
1244
Household Size
2.60
demographics
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