With a capital gain of 4.39% for the last 12 months, Bairnsdale, 3875 has performed for property investments than its average annual 2.17% property growth over the last 5 years.
The five-year average increase in median property values for Bairnsdale,3875 has given property investors a potential capital gain of 5.50% across each of those five years.
Property buyers and investors in Bairnsdale 3875 should be seeing an average reduction in asking price of around -6.54% . This means that Bairnsdale is holding prices well when compared to other suburbs in VIC.
At number 3308 in a list of fastest selling suburbs, Bairnsdale is in the bottom 20% of suburbs in Australia with an average of days on market 127.5 for properties listed there.
Using the current median advertised rental of $280 and the average annual increase in value of a median property of 2.17%, investors should hope to achieve an overall return of 5.84%
VIC has seen average median house prices change by 3.63% which means that Bairnsdale, 3875 has done well for property investors by showing a capital gain of 5.02% over the last year
Bairnsdale,3875 has offered an average of 5.02% return per annum in house price rises to property investors over the last three years.
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 Bairnsdale, 3875. Typically our figures indicate that -6.74% is being offered, which puts this VIC suburb at 308th most discounted overall in Australia.
Residents and property investors in Bairnsdale have been waiting around 124.55 days to sell a property.
A $230 per week rent on the median house gives suburb investors a gross yield of circa 5.20%, without taking into account capital value appreciation, which has been averaging out at 2.21%.