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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.
|KEY PROPERTY DATA REPORT||HOUSE||UNIT|
|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|