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Mount Beauty
AREA REPORTS

Mount Beauty

Mount Beauty - SUBURB PROFILE REPORT
POSTAL CODE: VIC, 3699

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A 17.95% increase in median property prices in MOUNT BEAUTY, 3699 has allowed this suburb to join the ranks of best performing suburbs in VIC, settling at number 85th.

A steady increase in median property prices over a five-year period in the suburb translates to a 32.69% capital gain.

It also 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 $345,000

The augmented property values in the suburb are trailing above the territorial average of 9.35% in 2016.

Home owners selling their properties and realtors in MOUNT BEAUTY usually have to wait an average of 79.9 days days before their assets are lifted off the market.

The VIC suburb ranks 627th on the list of best yielding suburbs for rental properties in VIC, posting a 0% return.

It also places places 27th in Australia based on median property value growth during the quarter.

Data report can be found below

Mount Beauty
KEY PROPERTY DATA REPORT HOUSE UNIT
Median Price $345,000 N/A
GROWTH REPORT
Median Quarterly 13.11% N/A
Median 12 month 17.95% N/A
Median 3 years 32.69% N/A
Median 5 years 91.67% N/A
10 years average annual 6.71% N/A
Weekly media advert. rent N/A N/A
Time on Market 79.9 days N/A
Gross Rental Yield Percent N/A N/A
demographics (median values)*
Total Population
1124
Weekly Household Income
900
Household Size
2.00
Age
43
Monthly Loan Repayment
953
* Australian Bureau of Statistics (May 2021) 2016 Census DataPacks[https://datapacks.censusdata.abs.gov.au/datapacks/],ABS Website, accessed 2016.
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