Over the last year, property investments in Ballarat North, 3350 have given investors a capital gain of 0.00%. This compares very badly with the 8.96% for VIC as a whole.
Ballarat North,3350 was ranked 3827 in Australia by increase in median property value over the quarter.
Ballarat North, 3350 is offering VIC ‘s 248th most discounted properties when looking at the average discount being offered by vendors. This puts it in the TOP 40% of discounts offered by this VIC.
Advertised rents are around the $290 mark per week – giving a return of 4.64% based on the median price in Suburb
At number 593th in the list of Australian suburbs ordered by increase in median house value over the last year, Ballarat North, 3350 is in the top 40% with a property value increase of 6.52% recorded in median house prices.
If we look at median property appreciation over just the last three months, Ballarat North has given property investors a paper return of 7.46%. This puts Suburb as 30 on a list of fastest fasting appreciating suburbs in VIC
Ballarat North, 3350 is offering VIC ‘s 229th most discounted properties when looking at the average discount being offered by vendors. This puts it in the bottom 40% of discounts offered by this VIC.
On average over the past year, suburb has had 1.25 sales per month, which equates to 15 per year.
Property investors should expect to get $185 weekly from the median priced house in this suburb.