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Mount Waverley
AREA REPORTS

Mount Waverley

Mount Waverley - SUBURB PROFILE REPORT
POSTAL CODE: VIC, 3149

house
unit

Property investors enjoyed capital gains of 17.69% over the last 12 months in MOUNT WAVERLEY, 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 8.09% growth over a ten-year period. It ranks 827th on our list of suburbs that property investors should look into.

MOUNT WAVERLEY, 3149 has a capital gain of 17.69% for the past year, which is higher than average compared to its 22.4% growth within a five-year period.

With the median home price in MOUNT WAVERLEY sitting at $1,530,000, and the average rent at $500, property owners could potentially earn a 1.7% increase in gross rental yield.

Figures from the previous quarter show that capital gains for real estate buyers in MOUNT WAVERLEY are low, as opposed to average gains per annum over the past five years.

MOUNT WAVERLEY, 3149 in VIC belongs to the local government area of Monash (C).

Data report can be found below

Mount Waverley
KEY PROPERTY DATA REPORT HOUSE UNIT
Median Price $1,530,000 $1,100,000
GROWTH REPORT
Median Quarterly 3.52% 0%
Median 12 month 17.69% 10.11%
Median 3 years 21.35% 30.95%
Median 5 years 22.4% 35.47%
10 years average annual 8.09% 6.97%
Weekly media advert. rent $500 $495
Time on Market 65.3 days 75.7 days
Gross Rental Yield Percent 1.7% 2.34%
demographics (median values)*
Total Population
33611
Weekly Household Income
1643
Household Size
2.70
Age
41
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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