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Mortlake

Mortlake - SUBURB PROFILE REPORT
POSTAL CODE: VIC, 3272

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Based on its average 5-year and quarterly capital gains MORTLAKE, 3272 saw average growth in the long term.

A survey of average capital gains or median home price increase in suburbs across the country shows that MORTLAKE, 3272 obtained a 4.47% growth over a ten-year period. It ranks 1806th on our list of suburbs that property investors should look into.

MORTLAKE, 3272 in VIC belongs to the local government area of Moyne (S).

MORTLAKE, 3272 has a capital gain of 35.59% for the past year, which is higher than average compared to its 62.96% growth within a five-year period.

With the median home price in MORTLAKE sitting at $220,000, and the average rent at $350, property owners could potentially earn a 8.27% increase in gross rental yield.

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

A 35.59% increase in median property prices in MORTLAKE, 3272 has allowed this suburb to join the ranks of best performing suburbs in VIC, settling at number 12th.

Data report can be found below

KEY PROPERTY DATA REPORT HOUSE UNIT
Median Price $220,000 N/A
GROWTH REPORT
Median Quarterly 27.91% N/A
Median 12 month 35.59% N/A
Median 3 years 38.36% N/A
Median 5 years 62.96% N/A
10 years average annual 4.47% N/A
Weekly media advert. rent $350 N/A
Time on Market 79.4 days N/A
Gross Rental Yield Percent 8.27% N/A
demographics (median values)
Total Population
1653
Weekly Household Income
637.1
Household Size
2.30
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