VIC has seen average median house prices change by 8.13% which means that Bairnsdale, 3875 has done well for property investors by showing a capital gain of 2.08% over the last year
Bairnsdale,3875 has offered an average of 2.08% return per annum in house price rises to property investors over the last three years.
Vendor discounting in Bairnsdale is giving property investors an average Vendor Discount of around -6.64%. This puts suburb at number 194th in VIC when ranking the most discounted suburbs.
Advertised rents are around the $280 mark per week – giving a return of 5.94% based on the median price in Suburb
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 5.02%
Over the longer term, Bairnsdale has seen property prices show investors a 15.00% return over the last 3 years. This is worse than over the last 12 months
Sellers are offering property buyers an average discount of -7.22% to buyers in Bairnsdale at the moment, which is less than average for the rest of VIC.
Using the current median advertised rental of $230 and the average annual increase in value of a median property of 2.16%, investors should hope to achieve an overall return of 5.20%