Property investors who have had real estate in Bairnsdale, 3875 should be ok with this VIC suburb’s performance compared to the rest of the country. Over the last year it has seen median house prices increase in value by 3.67%
Bairnsdale,3875 was ranked 2229 in Australia by increase in median property value over the quarter.
Bairnsdale, 3875 is offering VIC ‘s 315th most discounted properties when looking at the average discount being offered by vendors. This puts it in the middle of discounts offered by this VIC.
At number 2975 in a list of fastest selling suburbs, Bairnsdale is in the bottom 30% of suburbs in Australia with an average of days on market 112.48 for properties listed there.
Renters in Suburb are facing rents around $3360 per annum or $280 every week.
With a capital gain of -7.58% for the last 12 months, Bairnsdale, 3875 has performed for property investments than its average annual 2.13% 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 6.71% across each of those five years.
Property investors looking for a bargain in Bairnsdale should be aiming for at least -6.00% off the asking price, which is the average vendor discount being achieved at the moment.
Property investors should expect to get $240 weekly from the median priced house in this suburb.