With a capital gain of 9.68% for the last 12 months, Bayswater, 3153 has performed for property investments than its average annual 9.36% property growth over the last 5 years.
The five-year average increase in median property values for Bayswater,3153 has given property investors a potential capital gain of 52.30% across each of those five years.
Bayswater, 3153 is offering VIC ‘s 334th most discounted properties when looking at the average discount being offered by vendors. This puts it in the middle of discounts offered by this VIC.
Advertised rents are around the $380 mark per week – giving a return of 2.91% based on the median price in Suburb
If you compare the increase in value of investment property in Bayswater, 3153 to the rest of Australia, it performed quite well. The median increase in value, or capital gain property investors experienced for this VIC suburb was 5.00%.
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.
At number 301th of VIC’s most discounted properties, Bayswater is in the TOP 10% of the state/territory when listing in order of most discounted to least.
Residents and property investors in Bayswater have been waiting around 39.83 days to sell a property.
Property investors should expect to get $340 weekly from the median priced house in this suburb.