With a capital gain of 11.01% for the last 12 months, Bayswater, 3153 has performed for property investments than its average annual 9.53% property growth over the last 5 years.
While Bayswater,3153 ranked number 448th in VIC for increase in median house value (annualised) increase, it is ranked 83th over the last 5 years.
State is the 6th most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -5.71% offered to property buyers. Sellers in Bayswater itself are offering an average vendor discount of -1.00% to real estate investors.
On average over the past year, suburb has had 12.33 sales per month, which equates to 148 per year.
The VIC suburb of Bayswater, 3153 is in the Knox local government area.
Over the last year, property investments in Bayswater, 3153 have given investors a capital gain of 1.40%. This compares badly with the 4.83% for VIC as a whole.
The five-year average increase in median property values for Bayswater,3153 has given property investors a potential capital gain of 27.38% across each of those five years.
Bayswater, 3153 is offering VIC ‘s 202th most discounted properties when looking at the average discount being offered by vendors. This puts it in the bottom 40% of discounts offered by this VIC.