Giving property investors a a stable capital gain of 12.20% for the last year, Bayswater, 3153 is the 856th highest performer in Australia in this respect.
If we look at median property appreciation over just the last three months, Bayswater has given property investors a paper return of 4.87%. This puts Suburb as 105 on a list of fastest fasting appreciating suburbs 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 -2.89% is being offered, which puts this VIC suburb at 3594th most discounted overall in Australia.
On average over the past year, suburb has had 11.92 sales per month, which equates to 143 per year.
A $380 per week rent on the median house gives suburb investors a gross yield of circa 2.82%, without taking into account capital value appreciation, which has been averaging out at 9.54%.
Property investors who have had real estate in Bayswater, 3153 should be ok 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 2.10%
Over the longer term, Bayswater has seen property prices show investors a 28.33% return over the last 3 years. This is worse than over the last 12 months
Our latest figures would indicate that property sellers in Bayswater are currently offering property investors an average price cut of -4.10% below the asking price at the moment.
Residents and property investors in Bayswater have been waiting around 46.83 days to sell a property.
Bayswater, 3153’s gross rental yield is 3.94%