VIC has seen average median house prices change by 11.00% which means that Bentleigh East, 3165 has done well for property investors by showing a capital gain of 10.37% over the last year
Taking the average capital gain, or increase in median house value, Bentleigh East,3165 has racked up an average of 10.37% over the period. This ranks it number 538th in the whole country for real estate investors looking at median house price increases.
State is the 6th most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -5.26% offered to property buyers. Sellers in Bentleigh East itself are offering an average vendor discount of -3.26% to real estate investors.
With the median price for a house in Bentleigh East being $1203063 and the advertised rent reaching $510 the gross rental yield for property investors calculates out to be 2.20%
At number 1221th in the list of Australian suburbs ordered by increase in median house value over the last year, Bentleigh East, 3165 is in the BOTTOM 30% with a property value increase of -1.01% recorded in median house prices.
Comparing Bentleigh East,3165 ‘s 5year and quarterly average capital gain offered to property investors, it performed less well across the longer period
Property buyers and investors in Bentleigh East 3165 should be seeing an average reduction in asking price of around -7.55% . This means that Bentleigh East is holding prices well when compared to other suburbs in VIC.
Renters in Suburb are facing rents around $5040 per annum or $420 every week.