Property investors who have had real estate in Bayswater North, 3153 should be 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 15.50%
Taking the average capital gain, or increase in median house value, Bayswater North,3153 has racked up an average of 15.50% over the period. This ranks it number 627th in the whole country for real estate investors looking at median house price increases.
State is the 6th most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -5.41% offered to property buyers. Sellers in Bayswater North itself are offering an average vendor discount of -2.17% to real estate investors.
At number 259 in a list of fastest selling suburbs, Bayswater North is in the TOP 10% of suburbs in Australia with an average of days on market 36.75 for properties listed there.
Advertised rents are around the $390 mark per week – giving a return of 2.93% based on the median price in Suburb
Investment property in Bayswater North has done around average for investors when compared to the country as a whole over the last 12 months, with an increase in the median house price of 3.53%
Bayswater North,3153 has offered an average of 3.53% return per annum in house price rises to property investors over the last three years.
State is the 6th most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -4.83% offered to property buyers. Sellers in Bayswater North itself are offering an average vendor discount of -2.90% to real estate investors.
The VIC suburb of Bayswater North, 3153 is in the Maroondah local government area.