AREA REPORTS

Mount Pleasant

 

 

VIC/
Mount pleasant

Suburb Profile

Mount Pleasant - FREE SUBURB PROFILE REPORT
POSTAL CODE: VIC,3350

house
unit

Based on its average 5-year and quarterly capital gains MOUNT PLEASANT, 3350 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 MOUNT PLEASANT, 3350 obtained a 5.56% growth over a ten-year period. It ranks 1516th on our list of suburbs that property investors should look into.

MOUNT PLEASANT, 3350 in VIC belongs to the local government area of Ballarat (C).

MOUNT PLEASANT, 3350 has a capital gain of 19.58% for the past year, which is higher than average compared to its 20.23% growth within a five-year period.

With the median home price in MOUNT PLEASANT sitting at $347,500, and the average rent at $295, property owners could potentially earn a 4.41% increase in gross rental yield.

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

A 19.58% increase in median property prices in MOUNT PLEASANT, 3350 has allowed this suburb to join the ranks of best performing suburbs in VIC, settling at number 64th.

Data report can be found below

KEY PROPERTY DATA REPORT HOUSE UNIT
Median Price $347,500 $270,000
GROWTH REPORT
Median Quarterly 8.98% 0.93%
Median 12 month 19.58% 2.66%
Median 3 years 18.4% N/A
Median 5 years 20.23% 8%
10 years average annual 5.56% 2.66%
Weekly media advert. rent $295 $270
Time on Market 40.4 days 0.0 days
Gross Rental Yield Percent 4.41% 5.2%
demographics (median values)
Total Population
1969
Weekly Household Income
771.4
Household Size
2.50
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