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 10.81%.
Across a shorter period, Bayswater, 3153 has seen a median price increase of 0.60% over the last quarter.
State is the 6th most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -5.99% offered to property buyers. Sellers in Bayswater itself are offering an average vendor discount of -5.52% to real estate investors.
Often selling an investment property can take time, and in Bayswater the average time real estate has been on the market is 31.18 days.
Investment property in Bayswater has done well for investors when compared to the country as a whole over the last 12 months, with an increase in the median house price of 11.64%
When looking at the potential capital gains offered to property investors over the last 3 years, Bayswater comes in at number 35th in VIC.
Bayswater, 3153 is offering VIC ‘s 20th most discounted properties when looking at the average discount being offered by vendors. This puts it in the TOP 10% of discounts offered by this VIC.
Property investors should expect to get $340 weekly from the median priced house in this suburb.