Ballarat East, 3350 ranked 550th in VIC when comparing growth in median property values or capital gain over the last 12 months. Ballarat East is one of 2098 in our list for VIC
Over the longer term, Ballarat East has seen property prices show investors a 11.33% return over the last 3 years. This is worse than over the last 12 months
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 Ballarat East, 3350. Typically our figures indicate that -6.62% is being offered, which puts this VIC suburb at 1472th most discounted overall in Australia.
If you compare the increase in value of investment property in Ballarat East, 3350 to the rest of Australia, it performed poorly. The median increase in value, or capital gain property investors experienced for this VIC suburb was -19.36%.
A 0.29% growth in median value for property investors in Ballarat East,3350 puts this suburb at number 232th in terms of best performing suburbs in VIC
Sellers are offering property buyers an average discount of -4.98% to buyers in Ballarat East at the moment, which is less than average for the rest of VIC.
Often selling an investment property can take time, and in Ballarat East the average time real estate has been on the market is 93.3 days.
Advertised rents are around the $235 mark per week – giving a return of 5.36% based on the median price in Suburb