Bayswater North is in the TOP 30% in VIC when comparing median price capital growth over the last year. Bayswater North gave property investors a good capital gain figure when compared to the rest of the state, with 16.17%.
Comparing Bayswater North,3153 ‘s 5year and quarterly average capital gain offered to property investors, it performed less well across the longer period
State is the 6th most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -5.26% offered to property buyers. Sellers in Bayswater North itself are offering an average vendor discount of -2.16% to real estate investors.
Often selling an investment property can take time, and in Bayswater North the average time real estate has been on the market is 33.9 days.
With the median price for a house in Bayswater North being $697000 and the advertised rent reaching $390 the gross rental yield for property investors calculates out to be 2.91%
Bayswater North is an average performer in VIC when comparing median price capital growth over the last year. Bayswater North gave property investors a good capital gain figure when compared to the rest of the state, with 10.12%.
If we look at median property appreciation over just the last three months, Bayswater North has given property investors a paper return of 6.36%. This puts Suburb as 43 on a list of fastest fasting appreciating suburbs in VIC
At number 178th of VIC’s most discounted properties, Bayswater North is in the middle of the state/territory when listing in order of most discounted to least.
Using the current median advertised rental of $330 and the average annual increase in value of a median property of 7.82%, investors should hope to achieve an overall return of 3.67%