Investment property in Bannockburn has done pretty poorly for investors when compared to the country as a whole over the last 12 months, with an increase in the median house price of -2.31%
Taking the average capital gain, or increase in median house value, Bannockburn,3331 has racked up an average of -2.31% over the period. This ranks it number 3141th in the whole country for real estate investors looking at median house price increases.
Property investors looking for a bargain in Bannockburn should be aiming for at least -6.54% off the asking price, which is the average vendor discount being achieved at the moment.
In the last year 69 properties changed hands in Bannockburn, which puts it as the 345th most active market in VIC when comparing the number of sales per suburb.
Situated 74.72km from the CBD, Bannockburn is one of Golden Plains localities in the postcode 3331.