Property value increases in Bacchus Marsh have tracked close to the VIC average of 11.00% over the last 12 months.
A 20.45% growth in median value for property investors in Bacchus Marsh,3340 puts this suburb at number 568th in terms of best performing suburbs in VIC
Property investors looking for a bargain in Bacchus Marsh should be aiming for at least -4.03% off the asking price, which is the average vendor discount being achieved at the moment.
Residents and property investors in Bacchus Marsh have been waiting around 69.53 days to sell a property.
Using the current median advertised rental of $330 and the average annual increase in value of a median property of 4.89%, investors should hope to achieve an overall return of 4.32%
Giving property investors a an average capital gain of 4.95% for the last year, Bacchus Marsh, 3340 is the 805th highest performer in Australia in this respect.
Comparing Bacchus Marsh,3340 ‘s 5year and quarterly average capital gain offered to property investors, it performed less well across the longer period
Sellers are offering property buyers an average discount of -4.40% to buyers in Bacchus Marsh at the moment, which is less than average for the rest of VIC.
On average over the past year, suburb has had 3.00 sales per month, which equates to 36 per year.
The VIC suburb of Bacchus Marsh, 3340 is in the Moorabool local government area.