Bayswater, 3153 ranked 286th in VIC when comparing growth in median property values or capital gain over the last 12 months. Bayswater is one of 2098 in our list for VIC
When looking at the potential capital gains offered to property investors over the last 3 years, Bayswater comes in at number 79th 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 -5.52% is being offered, which puts this VIC suburb at 2133th most discounted overall in Australia.
Advertised rents are around the $380 mark per week – giving a return of 3.11% based on the median price in Suburb
VIC has seen average median house prices change by 4.09% which means that Bayswater, 3153 has done well for property investors by showing a capital gain of 11.83% over the last year
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.
Vendor discounting in Bayswater is giving property investors an average Vendor Discount of around -9.47%. This puts suburb at number 18th in VIC when ranking the most discounted suburbs.
At number 225 in a list of fastest selling suburbs, Bayswater is in the TOP 20% of suburbs in Australia with an average of days on market 46.71 for properties listed there.
Situated 25.24km from the CBD, Bayswater is one of Knox localities in the postcode 3153.