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Mount Pleasant
AREA REPORTS

Mount Pleasant

Mount Pleasant - 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 5.63% growth over a ten-year period. It ranks 1255th 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 11.49% for the past year, which is higher than average compared to its 39.01% growth within a five-year period.

With the median home price in MOUNT PLEASANT sitting at $412,500, and the average rent at $345, property owners could potentially earn a 4.35% increase in gross rental yield.

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

Data report can be found below

Mount Pleasant
KEY PROPERTY DATA REPORT HOUSE UNIT
Median Price $412,500 $291,000
GROWTH REPORT
Median Quarterly 7.14% 0.34%
Median 12 month 11.49% 29.48%
Median 3 years 39.83% 11.28%
Median 5 years 39.01% N/A
10 years average annual 5.63% 16.87%
Weekly media advert. rent $345 $290
Time on Market 34.6 days 47.6 days
Gross Rental Yield Percent 4.35% 5.18%
demographics (median values)*
Total Population
59145
Weekly Household Income
1238
Household Size
2.40
Age
37
Monthly Loan Repayment
1408
* Australian Bureau of Statistics (May 2021) 2016 Census DataPacks[https://datapacks.censusdata.abs.gov.au/datapacks/],ABS Website, accessed 2016.
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