Property value increases in Barwon Heads have tracked just higher than the VIC average of 8.27% over the last 12 months.
While Barwon Heads,3227 ranked number 86th in VIC for increase in median house value (annualised) increase, it is ranked 198th over the last 5 years.
The most recent median price for Barwon Heads is $885000, with sellers offering an average of -5.30% off the asking price.
Often selling an investment property can take time, and in Barwon Heads the average time real estate has been on the market is 90.59 days.
Using the current median advertised rental of $410 and the average annual increase in value of a median property of 7.27%, investors should hope to achieve an overall return of 2.41%
Property value increases in Barwon Heads have tracked higher than the VIC average of 3.49% over the last 12 months.
If we look at median property appreciation over just the last three months, Barwon Heads has given property investors a paper return of 7.89%. This puts Suburb as 17 on a list of fastest fasting appreciating suburbs in VIC
Property buyers and investors in Barwon Heads 3227 should be seeing an average reduction in asking price of around -2.57% . This means that Barwon Heads is holding prices well when compared to other suburbs in VIC.
Barwon Heads, 3227’s gross rental yield is 3.22%