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Mount Waverley

Suburb Profile

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

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unit

Property investors enjoyed capital gains of 10.51% 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 6.16% growth over a ten-year period. It ranks 919th on our list of suburbs that property investors should look into.

MOUNT WAVERLEY, 3149 has a capital gain of 10.51% for the past year, which is higher than average compared to its 20.35% growth within a five-year period.

With the median home price in MOUNT WAVERLEY sitting at $1,325,000, and the average rent at $500, property owners could potentially earn a 1.96% 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

KEY PROPERTY DATA REPORT HOUSE UNIT
Median Price $1,325,000 $983,000
GROWTH REPORT
Median Quarterly 1.72% -0.2%
Median 12 month 10.51% 14.3%
Median 3 years 0.38% 14.96%
Median 5 years 20.35% 30.98%
10 years average annual 6.16% 5.74%
Weekly media advert. rent $500 $492.5
Time on Market 64.1 days 62.0 days
Gross Rental Yield Percent 1.96% 2.61%
demographics (median values)
Total Population
30615
Weekly Household Income
1150
Household Size
2.60
demographics
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