Property investors who have had real estate in Bulleen, 3105 should be ok 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 5.77%
Data for the last quarter indicates that, in the short term at least, the capital value growth rate for property investors in Bulleen has increased when compared to the 5 year average annual rate.
Sellers are offering property buyers an average discount of -6.48% to buyers in Bulleen at the moment, which is less than average for the rest of VIC.
Investment property in Bulleen has done well for investors when compared to the country as a whole over the last 12 months, with an increase in the median house price of 11.40%
Bulleen,3105 has offered an average of 11.40% return per annum in house price rises to property investors over the last three years.
Our latest figures would indicate that property sellers in Bulleen are currently offering property investors an average price cut of -13.13% below the asking price at the moment.
At number 290 in a list of fastest selling suburbs, Bulleen is in the TOP 20% of suburbs in Australia with an average of days on market 52.26 for properties listed there.
Advertised rents are around the $400 mark per week – giving a return of 2.98% based on the median price in Suburb