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 4.37% growth over a ten-year period. It ranks 1746th 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 -7.5% for the past year, which is lower than average compared to its 11% growth within a five-year period.
With the median home price in MOUNT PLEASANT sitting at $288,595, and the average rent at $290, property owners could potentially earn a 5.23% 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.
A steady increase in median property prices over a five-year period in MOUNT PLEASANT, 3350 translates to a N/A capital gain.
MOUNT PLEASANT, 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 $267,500.
Home owners selling their properties and realtors in MOUNT PLEASANT usually have to wait an average of 136.6 days days before their assets are lifted off the market.
Average weekly rents on listings have reached the $287.5 mark, reflecting a 5.59% increase in returns based on the current median price in MOUNT PLEASANT.
MOUNT PLEASANT, 3350 places 242nd in Australia based on median property value growth during the quarter.