Property investors who have had real estate in Bundoora, 3083 should be relatively pleased with this VIC suburb’s performance compared to the rest of the country. Over the last year it has seen median house prices increase in value by 7.02%
The five-year average increase in median property values for Bundoora,3083 has given property investors a potential capital gain of 33.51% across each of those five years.
At number 19th of VIC’s most discounted properties, Bundoora is in the bottom 10% of the state/territory when listing in order of most discounted to least.
Property investors should expect to get $390 weekly from the median priced house in this suburb.
Over the last year, property investments in Bundoora, 3083 have given investors a capital gain of -3.85%. This compares very badly with the 3.49% for VIC as a whole.
Taking the average capital gain, or increase in median house value, Bundoora,3083 has racked up an average of -3.85% over the period. This ranks it number 1623th in the whole country for real estate investors looking at median house price increases.
The most recent median price for Bundoora is $375000, with sellers offering an average of -6.36% off the asking price.
At number 884 in a list of fastest selling suburbs, Bundoora is just in the bottom half of suburbs in Australia with an average of days on market 84.76 for properties listed there.
Renters in Suburb are facing rents around $4080 per annum or $340 every week.