Bunyip has had a A very good year for property investment returns compared to the rest of VIC, giving investors a capital gain of 20.00% to date .
When looking at the potential capital gains offered to property investors over the last 3 years, Bunyip comes in at number 394th in VIC.
State is the 6th most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -5.41% offered to property buyers. Sellers in Bunyip itself are offering an average vendor discount of -4.26% to real estate investors.
On average over the past year, suburb has had 2.42 sales per month, which equates to 29 per year.
With the median price for a house in Bunyip being $420000 and the advertised rent reaching $380 the gross rental yield for property investors calculates out to be 4.70%