If you compare the increase in value of investment property in Bannockburn, 3331 to the rest of Australia, it performed somewhat poorly. The median increase in value, or capital gain property investors experienced for this VIC suburb was -1.67%.
Taking the average capital gain, or increase in median house value, Bannockburn,3331 has racked up an average of -1.67% over the period. This ranks it number 3115th in the whole country for real estate investors looking at median house price increases.
Property buyers and investors in Bannockburn 3331 should be seeing an average reduction in asking price of around -6.66% . This means that Bannockburn is holding prices well when compared to other suburbs in VIC.
Bannockburn, 3331’s gross rental yield is 4.76%