Bentleigh East has had a pretty average year for property investment returns compared to the rest of VIC, giving investors a capital gain of 11.91% to date .
If we look at median property appreciation over just the last three months, Bentleigh East has given property investors a paper return of 4.30%. This puts Suburb as 223 on a list of fastest fasting appreciating suburbs in VIC
Property investors looking for a bargain in Bentleigh East should be aiming for at least -3.74% off the asking price, which is the average vendor discount being achieved at the moment.
Advertised rents are around the $500 mark per week – giving a return of 2.19% based on the median price in Suburb
With a capital gain of 0.67% for the last 12 months, Bentleigh East, 3165 has performed for property investments than its average annual 7.37% property growth over the last 5 years.
Data for the last quarter indicates that, in the short term at least, the capital value growth rate for property investors in Bentleigh East has increased when compared to the 5 year average annual rate.
Our latest figures would indicate that property sellers in Bentleigh East are currently offering property investors an average price cut of -9.32% below the asking price at the moment.