Bayswater is an average performer in VIC when comparing median price capital growth over the last year. Bayswater gave property investors a average capital gain figure when compared to the rest of the state, with 8.70%.
Data for the last quarter indicates that, in the short term at least, the capital value growth rate for property investors in Bayswater has increased when compared to the 5 year average annual rate.
The most recent median price for Bayswater is $650000, with sellers offering an average of -6.03% off the asking price.
Advertised rents are around the $380 mark per week – giving a return of 3.04% based on the median price in Suburb
Property investors who have had real estate in Bayswater, 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 8.50%
When looking at the potential capital gains offered to property investors over the last 3 years, Bayswater comes in at number 42th in VIC.
When looking to buy, or assessing what properties are really achieving at sale, it's essential for property investors to take into account what discounts are being offered in Bayswater, 3153. Typically our figures indicate that -9.31% is being offered, which puts this VIC suburb at 84th most discounted overall in Australia.
Advertised rents are around the $340 mark per week – giving a return of 3.76% based on the median price in Suburb