‘Great buying opportunities’ for careful investors looking at new-builds
Situations like Sydney’s Opal Tower fiasco have buyers cautious of the new-build market, but there are bargains to be had for those who ar...
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 4.42% growth over a ten-year period. It ranks 1762nd on our list of suburbs that property investors should look into.
MOUNT PLEASANT, 3350 in VIC belongs to the local government area of Ballarat.
MOUNT PLEASANT, 3350 has a capital gain of -6.82% for the past year, which is lower than average compared to its 7.85% growth within a five-year period.
With the median home price in MOUNT PLEASANT sitting at $291,200, and the average rent at $290, property owners could potentially earn a 5.18% 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.
| KEY PROPERTY DATA REPORT | HOUSE | UNIT |
|---|---|---|
| Median Price | $291,200 | $268,750 |
| GROWTH REPORT | ||
| Median Quarterly | 1.09% | N/A |
| Median 12 month | -6.82% | -2.27% |
| Median 3 years | 4% | N/A |
| Median 5 years | 7.85% | 25% |
| 10 years average annual | 4.42% | -7.42% |
| Weekly media advert. rent | $290 | $300 |
| Time on Market | 50.2 days | 107.8 days |
| Gross Rental Yield Percent | 5.18% | 5.8% |
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