Over the last year, property investments in Bacchus Marsh, 3340 have given investors a capital gain of 3.45%. This compares badly with the 8.23% for VIC as a whole.
Across a shorter period, Bacchus Marsh, 3340 has seen a median price increase of 2.86% over the last quarter.
When looking to buy, or assessing what properties are really achieving at sale, it's essential for property investors to take into account what discounts are being offered in Bacchus Marsh, 3340. Typically our figures indicate that -4.89% is being offered, which puts this VIC suburb at 2583th most discounted overall in Australia.
Using the current median advertised rental of $300 and the average annual increase in value of a median property of 4.47%, investors should hope to achieve an overall return of 4.33%
Bacchus Marsh, 3340 ranked 293th 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
Over the longer term, Bacchus Marsh has seen property prices show investors a 10.55% return over the last 3 years. This is worse than over the last 12 months
Vendor discounting in Bacchus Marsh is giving property investors an average Vendor Discount of around -4.09%. This puts suburb at number 230th in VIC when ranking the most discounted suburbs.
A $270 per week rent on the median house gives suburb investors a gross yield of circa 4.96%, without taking into account capital value appreciation, which has been averaging out at 3.71%.