Ballarat North has had a quite poor year for property investment returns compared to the rest of VIC, giving investors a capital gain of 6.00% to date .
Ballarat North,3350 has offered an average of 6.00% return per annum in house price rises to property investors over the last three years.
Sellers are offering property buyers an average discount of -6.78% to buyers in Ballarat North at the moment, which is less than average for the rest of VIC.
With the median price for a house in Ballarat North being $331250 and the advertised rent reaching $280 the gross rental yield for property investors calculates out to be 4.40%
Giving property investors a a poor capital gain of -7.65% for the last year, Ballarat North, 3350 is the 1503th highest performer in Australia in this respect.
The five-year average increase in median property values for Ballarat North,3350 has given property investors a potential capital gain of 2.40% across each of those five years.
At number 46th of VIC’s most discounted properties, Ballarat North is in the bottom 20% of the state/territory when listing in order of most discounted to least.
Residents and property investors in Ballarat North have been waiting around 110.18 days to sell a property.
Property investors should expect to get $200 weekly from the median priced house in this suburb.