Bacchus Marsh, 3340 ranked 240th in VIC when comparing growth in median property values or capital gain over the last 12 months. Bacchus Marsh is one of 2098 in our list for VIC
Taking the average capital gain, or increase in median house value, Bacchus Marsh,3340 has racked up an average of 11.59% over the period. This ranks it number 2375th in the whole country for real estate investors looking at median house price increases.
LACK OF BUYER INTEREST may well be the reason that Bacchus Marsh is offering property investors an average of -5.91. This rate of discount on properties puts Suburb at number 496th in terms of most discounted suburbs in VIC
With the median price for a house in Bacchus Marsh being $385000 and the advertised rent reaching $325 the gross rental yield for property investors calculates out to be 4.39%
Property investors who have had real estate in Bacchus Marsh, 3340 should be relatively unhappy with this VIC suburb’s performance compared to the rest of the country. Over the last year it has seen median house prices increase in value by 0.35%
Over the longer term, Bacchus Marsh has seen property prices show investors a 11.76% return over the last 3 years. This is worse than over the last 12 months
The most recent median price for Bacchus Marsh is $285000, with sellers offering an average of -4.07% off the asking price.
Situated 48.92km from the CBD, Bacchus Marsh is one of Moorabool localities in the postcode 3340.