MOUNT CLEAR ranks 608th in VIC when it comes to estimated capital gains experienced by property investors over the past three years.
The suburb’s capital gain of 2.34% for the past year is lower than average compared to its 13% growth within a five-year period.
This figures put the ATC suburb in the ranks of the best performing suburbs in Australia in terms of capital gains.
Also in MOUNT CLEAR, the median home price is sitting at $339,000, and the average rent at $325, this suggests property owners could potentially earn a 4.99% increase in gross rental yield.
Property investors have seen a -3.21% drop in MOUNT CLEAR based on a decrease in median home prices for the past three months.
A survey of average capital gains or median home price increase in suburbs across the country shows that this suburb obtained a 3.64% growth over a ten-year period. It ranks 2082nd on our list of suburbs that property investors should look into.
MOUNT CLEAR, 3350 delivered a weaker performance in contrast to other Australian suburbs in terms of appreciation of property value. Investors saw the median home price rise to $247,500.
Augmented property values in MOUNT CLEAR are trailing above the VIC average of 7.89% for the past year.
Real estate investors could earn a rental income of $270 based on current median home prices for the suburb.
Home owners selling their properties and realtors in MOUNT CLEAR usually have to wait an average of 0.0 days days before their assets are lifted off the market.
MOUNT CLEAR ranks 28th on the list of best yielding suburbs for rental properties in VIC, posting a 5.67% return.