Over the last year, property investments in Bayswater North, 3153 have given investors a capital gain of 8.70%. This compares averagely with the 8.06% for VIC as a whole.
Over the longer term, Bayswater North has seen property prices show investors a 34.12% return over the last 3 years. This is worse than over the last 12 months
Property investors looking for a bargain in Bayswater North should be aiming for at least -4.15% off the asking price, which is the average vendor discount being achieved at the moment.
Property investors who have had real estate in Bayswater North, 3153 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 6.22%
Data for the last quarter indicates that, in the short term at least, the capital value growth rate for property investors in Bayswater North has increased when compared to the 5 year average annual rate.
The most recent median price for Bayswater North is $427000, with sellers offering an average of -4.19% off the asking price.
Property investors should expect to get $325 weekly from the median priced house in this suburb.