Over the last year, property investments in Bannockburn, 3331 have given investors a capital gain of 1.32%. This compares very badly with the 9.04% for VIC as a whole.
Over the longer term, Bannockburn has seen property prices show investors a 2.39% return over the last 3 years. This is worse than over the last 12 months
Property investors looking for a bargain in Bannockburn should be aiming for at least -5.54% off the asking price, which is the average vendor discount being achieved at the moment.
Renters in Suburb are facing rents around $4200 per annum or $350 every week.