Monbulk

A steady increase in median property prices over a five-year period in the suburb translates to a -4.32% capital gain.

The suburb 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 $775,000.

Profits due to an downward trend in home prices there averaged -1.44% per annum over a 3-year period.

Home owners selling their properties and realtors in MONBULK usually have to wait an average of 40.2 days days before their assets are lifted off the market.

Average weekly rents on listings have reached the $585 mark, reflecting a 3.93% increase in returns based on the current median price in MONBULK.

MONBULK, 3793 places 366th in Australia based on median property value growth during the quarter.