Property value increases in Bundoora have tracked just lower than the VIC average of 9.04% over the last 12 months.
While Bundoora,3083 ranked number 335th in VIC for increase in median house value (annualised) increase, it is ranked 262th over the last 5 years.
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 -6.63% is being offered, which puts this VIC suburb at 1376th most discounted overall in Australia.
Advertised rents are around the $390 mark per week – giving a return of 3.04% based on the median price in Suburb
Property investors who have had real estate in Bundoora, 3083 should be relatively unhappy with this VIC suburb’s performance compared to the rest of the country. Over the last year it has seen median house prices decrease in value by -1.30%
When looking at the potential capital gains offered to property investors over the last 3 years, Bundoora comes in at number 357th in VIC.
Our latest figures would indicate that property sellers in Bundoora are currently offering property investors an average price cut of -5.94% below the asking price at the moment.
Bundoora is 109th on a list of best yielding suburbs for rents in VIC with a 4.72% return