Over the last year, property investments in Bundoora, 3083 have given investors a capital gain of 6.80%. This compares badly with the 8.96% for VIC as a whole.
A 37.50% growth in median value for property investors in Bundoora,3083 puts this suburb at number 405th in terms of best performing suburbs in VIC
Vendor discounting in Bundoora is giving property investors an average Vendor Discount of around -15.04%. This puts suburb at number 11th in VIC when ranking the most discounted suburbs.
Renters in Suburb are facing rents around $4680 per annum or $390 every week.
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 -3.08%
Comparing Bundoora,3083 ‘s 5year and quarterly average capital gain offered to property investors, it performed better across the longer period
When looking to buy, or assessing what properties are really achieving at sale, it's essential for property investors to take into account what discounts are being offered in Bundoora, 3083. Typically our figures indicate that -6.32% is being offered, which puts this VIC suburb at 411th most discounted overall in Australia.
In the last year 181 properties changed hands in Bundoora, which puts it as the 41th most active market in VIC when comparing the number of sales per suburb.
A $345 per week rent on the median house gives suburb investors a gross yield of circa 4.75%, without taking into account capital value appreciation, which has been averaging out at 3.97%.