The suburb’s capital gain of 0% for the past year is lower than average compared to its 13.11% growth within a five-year period.
Also in MOUNT CLEAR, the median home price is sitting at $345,000, and the average rent at $320, this suggests property owners could potentially earn a 4.82% increase in gross rental yield.
Property investors have seen a -0.29% 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 4.27% growth over a ten-year period. It ranks 1828th on our list of suburbs that property investors should look into.
|KEY PROPERTY DATA REPORT||HOUSE||UNIT|
|Median 12 month||0%||19.27%|
|Median 3 years||18.66%||9.24%|
|Median 5 years||13.11%||-6.47%|
|10 years average annual||4.27%||2.85%|
|Weekly media advert. rent||$320||$270|
|Time on Market||69.1 days||111.5 days|
|Gross Rental Yield Percent||4.82%||5.4%|