Bundoora is an average performer in VIC when comparing median price capital growth over the last year. Bundoora gave property investors a average capital gain figure when compared to the rest of the state, with 9.34%.
Bundoora,3083 has offered an average of 9.34% return per annum in house price rises to property investors over the last three years.
Sellers are offering property buyers an average discount of -12.91% to buyers in Bundoora at the moment, which is less than average for the rest of VIC.
Often selling an investment property can take time, and in Bundoora the average time real estate has been on the market is 59.52 days.
Situated 15.64km from the CBD, Bundoora is one of Banyule localities in the postcode 3083.
Investment property in Bundoora has done pretty 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 -2.56%
Data for the last quarter indicates that, in the short term at least, the capital value growth rate for property investors in Bundoora has fallen somewhat when compared to the 5 year average annual rate.
Our latest figures would indicate that property sellers in Bundoora are currently offering property investors an average price cut of -7.25% below the asking price at the moment.
Bundoora is 125th on a list of best yielding suburbs for rents in VIC with a 4.65% return