Bacchus Marsh has had a pretty good year for property investment returns compared to the rest of VIC, giving investors a capital gain of 13.19% to date .
Over the longer term, Bacchus Marsh has seen property prices show investors a 14.66% return over the last 3 years. This is worse than over the last 12 months
Sellers are offering property buyers an average discount of -3.88% 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 12.92 sales per month, which equates to 155 per year.
Using the current median advertised rental of $330 and the average annual increase in value of a median property of 5.16%, investors should hope to achieve an overall return of 4.30%
With a capital gain of 4.21% for the last 12 months, Bacchus Marsh, 3340 has performed for property investments than its average annual 4.73% property growth over the last 5 years.
When looking at the potential capital gains offered to property investors over the last 3 years, Bacchus Marsh comes in at number 252th in VIC.
Our latest figures would indicate that property sellers in Bacchus Marsh are currently offering property investors an average price cut of -4.24% below the asking price at the moment.
In the last year 27 properties changed hands in Bacchus Marsh, which puts it as the 268th most active market in VIC when comparing the number of sales per suburb.