VIC has seen average median house prices change by 9.78% which means that Bairnsdale, 3875 has done well for property investors by showing a capital gain of 9.18% over the last year
While Bairnsdale,3875 ranked number 271th in VIC for increase in median house value (annualised) increase, it is ranked 492th over the last 5 years.
LACK OF BUYER INTEREST may well be the reason that Bairnsdale is offering property investors an average of -5.71. This rate of discount on properties puts Suburb at number 291th in terms of most discounted suburbs in VIC
In the last year 180 properties changed hands in Bairnsdale, which puts it as the 137th most active market in VIC when comparing the number of sales per suburb.
Bairnsdale, 3875 ranked 217th in VIC when comparing growth in median property values or capital gain over the last 12 months. Bairnsdale is one of 2098 in our list for VIC
If we look at median property appreciation over just the last three months, Bairnsdale has given property investors a paper return of 4.72%. This puts Suburb as 71 on a list of fastest fasting appreciating suburbs in VIC
Sellers are offering property buyers an average discount of -6.04% to buyers in Bairnsdale at the moment, which is less than average for the rest of VIC.
Situated 233.74km from the CBD, Bairnsdale is one of East Gippsland localities in the postcode 3875.