VIC/
Mount evelyn

Suburb Profile

Mount Evelyn - FREE SUBURB PROFILE REPORT
POSTAL CODE: VIC,3796

house

Property investments in MOUNT EVELYN fare well against the rest of the country last year, registering a median home price increase of 16.36%.

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

Based on its average 5-year and quarterly capital gains MOUNT EVELYN, 3796 saw average growth in the long term.

Real estate investors could earn a rental income of $380 based on current median home prices for the suburb.

It is expected, nonetheless, for properties to spend some time on the market prior to a successful sale. homes and units usually stay on listing for an average of 28.5 days.

Besides that, the Australian suburb also delivered a weaker performance in contrast to other Australian suburbs in terms of appreciation of property value.

Property investors perceived the median home price rise to $640,000.

MOUNT EVELYN ranks 334th on the list of best yielding suburbs for rental properties in VIC, posting a 3.09% return.

KEY PROPERTY DATA REPORT HOUSE UNIT
Median Price $640,000 N/A
GROWTH REPORT
Median Quarterly 4.83% N/A
Median 12 month 16.36% N/A
Median 3 years 49.36% N/A
Median 5 years 62.85% N/A
10 years average annual 7.69% N/A
Weekly media advert. rent $380 N/A
Time on Market 28.5 days N/A
Gross Rental Yield Percent 3.09% N/A
demographics (median values)
Total Population
9096
Weekly Household Income
1133
Household Size
3.00
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Mount Evelyn, VIC
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