Bentleigh East has had a pretty good year for property investment returns compared to the rest of VIC, giving investors a capital gain of 11.88% to date .
Over the longer term, Bentleigh East has seen property prices show investors a 49.67% return over the last 3 years. This is worse than over the last 12 months
At number 400th of VIC’s most discounted properties, Bentleigh East is in the TOP 40% of the state/territory when listing in order of most discounted to least.
In the last year 381 properties changed hands in Bentleigh East, which puts it as the 33th most active market in VIC when comparing the number of sales per suburb.
Property investors should expect to get $495 weekly from the median priced house in this suburb.
Property value increases in Bentleigh East have tracked just higher than the VIC average of 3.49% over the last 12 months.
While Bentleigh East,3165 ranked number 171th in VIC for increase in median house value (annualised) increase, it is ranked 72th over the last 5 years.
Our latest figures would indicate that property sellers in Bentleigh East are currently offering property investors an average price cut of -5.97% below the asking price at the moment.
On average over the past year, suburb has had 13.42 sales per month, which equates to 161 per year.
Advertised rents are around the $410 mark per week – giving a return of 2.85% based on the median price in Suburb