Bulleen is in the bottom 40% in VIC when comparing median price capital growth over the last year. Bulleen gave property investors a disappointing capital gain figure when compared to the rest of the state, with 6.70%.
Across a shorter period, Bulleen, 3105 has seen a median price increase of -3.00% over the last quarter.
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 Bulleen, 3105. Typically our figures indicate that -7.75% is being offered, which puts this VIC suburb at 851th most discounted overall in Australia.
Bulleen is 556th on a list of best yielding suburbs for rents in VIC with a 2.19% return
VIC has seen average median house prices change by 4.09% which means that Bulleen, 3105 has done well for property investors by showing a capital gain of 4.17% over the last year
If we look at median property appreciation over just the last three months, Bulleen has given property investors a paper return of -10.16%. This puts Suburb as 351 on a list of fastest fasting appreciating suburbs in VIC
The most recent median price for Bulleen is $650000, with sellers offering an average of -11.26% off the asking price.
Using the current median advertised rental of $410 and the average annual increase in value of a median property of 7.15%, investors should hope to achieve an overall return of 3.28%