Bulleen has had a quite poor year for property investment returns compared to the rest of VIC, giving investors a capital gain of 1.82% to date .
Over the longer term, Bulleen has seen property prices show investors a 47.95% return over the last 3 years. This is worse than over the last 12 months
Sellers are offering property buyers an average discount of -8.67% to buyers in Bulleen at the moment, which is less than average for the rest of VIC.
Using the current median advertised rental of $450 and the average annual increase in value of a median property of 9.75%, investors should hope to achieve an overall return of 2.09%
Over the last year, property investments in Bulleen, 3105 have given investors a capital gain of 15.40%. This compares very favourably with the 3.19% for VIC as a whole.
Bulleen,3105 has offered an average of 15.40% 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 -9.48% below the asking price at the moment.
Bulleen is 364th on a list of best yielding suburbs for rents in VIC with a 2.72% return