At number 2170th in the list of Australian suburbs ordered by increase in median house value over the last year, Bayview, 0820 is in the BOTTOM 50% with a property value increase of 4.17% recorded in median house prices.
On average over the past year, suburb has had 0.83 sales per month, which equates to 10 per year.
Using the current median advertised rental of $887.5 and the average annual increase in value of a median property of 13.64%, investors should hope to achieve an overall return of 4.62%
Investment property in Bayview has done poorly for investors when compared to the country as a whole over the last 12 months, with an increase in the median house price of -20.33%
A -5.15% growth in median value for property investors in Bayview,0820 puts this suburb at number 18th in terms of best performing suburbs in NT