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Mont Albert North
AREA REPORTS

Mont Albert North

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

house
unit

Property investors enjoyed capital gains of 1.63% 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 4.47% growth over a ten-year period. It ranks 1605th on our list of suburbs that property investors should look into.

MONT ALBERT NORTH, 3129 has a capital gain of 1.63% for the past year, which is higher than average compared to its 0% growth within a five-year period.

With the median home price in MONT ALBERT NORTH sitting at $1,400,000, and the average rent at $532.5, property owners could potentially earn a 1.98% 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

Mont Albert North
KEY PROPERTY DATA REPORT HOUSE UNIT
Median Price $1,400,000 $965,000
GROWTH REPORT
Median Quarterly 0.68% 0.89%
Median 12 month 1.63% 4.89%
Median 3 years -10.26% -3.5%
Median 5 years 0% 6.63%
10 years average annual 4.47% 4.78%
Weekly media advert. rent $532.5 $500
Time on Market 63.6 days 63.5 days
Gross Rental Yield Percent 1.98% 2.69%
demographics (median values)*
Total Population
17376
Weekly Household Income
1541
Household Size
2.70
Age
38
Monthly Loan Repayment
2000
* Australian Bureau of Statistics (May 2021) 2016 Census DataPacks[https://datapacks.censusdata.abs.gov.au/datapacks/],ABS Website, accessed 2016.
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