If you compare the increase in value of investment property in Bacchus Marsh, 3340 to the rest of Australia, it performed very well. The median increase in value, or capital gain property investors experienced for this VIC suburb was 14.88%.
If we look at median property appreciation over just the last three months, Bacchus Marsh has given property investors a paper return of 3.38%. This puts Suburb as 268 on a list of fastest fasting appreciating suburbs in VIC
Bacchus Marsh3340 is located in VIC which offers an average discount of -5.80% to property investors. Bacchus Marsh itself is showing figures that indicate -3.83% is the average achievable by property buyers investing in the suburb.
Residents and property investors in Bacchus Marsh have been waiting around 74.46 days to sell a property.
Renters in Suburb are facing rents around $3960 per annum or $330 every week.
At number 618th in the list of Australian suburbs ordered by increase in median house value over the last year, Bacchus Marsh, 3340 is in the top 40% with a property value increase of 5.81% recorded in median house prices.
Across a shorter period, Bacchus Marsh, 3340 has seen a median price increase of 5.44% over the last quarter.
Property investors looking for a bargain in Bacchus Marsh should be aiming for at least -4.04% 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 105.13 days to sell a property.
Using the current median advertised rental of $260 and the average annual increase in value of a median property of 5.71%, investors should hope to achieve an overall return of 4.50%