Giving property investors a a stable capital gain of 11.30% for the last year, Bayswater, 3153 is the 1091th highest performer in Australia in this respect.
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 $706750, with sellers offering an average of -2.47% off the asking price.
Often selling an investment property can take time, and in Bayswater the average time real estate has been on the market is 32.46 days.
The VIC suburb of Bayswater, 3153 is in the Knox local government area.
Bayswater is in the bottom 40% in VIC when comparing median price capital growth over the last year. Bayswater gave property investors a disappointing capital gain figure when compared to the rest of the state, with 0.86%.
Across a shorter period, Bayswater, 3153 has seen a median price increase of 0.32% over the last quarter.
At number 237th of VIC’s most discounted properties, Bayswater is in the TOP 30% of the state/territory when listing in order of most discounted to least.
On average over the past year, suburb has had 10.17 sales per month, which equates to 122 per year.
A $350 per week rent on the median house gives suburb investors a gross yield of circa 3.91%, without taking into account capital value appreciation, which has been averaging out at 6.34%.