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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 2.42% 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 6.74% growth over a ten-year period. It ranks 706th on our list of suburbs that property investors should look into.

MONT ALBERT NORTH, 3129 has a capital gain of 2.42% for the past year, which is lower than average compared to its 25% growth within a five-year period.

With the median home price in MONT ALBERT NORTH sitting at $1,375,000, and the average rent at $595, property owners could potentially earn a 2.25% increase in gross rental yield.

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 $1,375,000 $910,000
GROWTH REPORT
Median Quarterly 6.59% -7.89%
Median 12 month 2.42% -13.33%
Median 3 years -5.5% -1.67%
Median 5 years 25% 17.65%
10 years average annual 6.74% 6.75%
Weekly media advert. rent $595 $500
Time on Market 62.2 days 45.2 days
Gross Rental Yield Percent 2.25% 2.86%
demographics (median values)
Total Population
5011
Weekly Household Income
1244
Household Size
2.60
demographics
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