Bairnsdale, 3875 ranked 438th 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
Bairnsdale,3875 was ranked 2647 in Australia by increase in median property value over the quarter.
Bairnsdale3875 is located in VIC which offers an average discount of -5.41% to property investors. Bairnsdale itself is showing figures that indicate -5.84% is the average achievable by property buyers investing in the suburb.
Renters in Suburb are facing rents around $3360 per annum or $280 every week.
Over the last year, property investments in Bairnsdale, 3875 have given investors a capital gain of 0.21%. This compares badly with the 4.90% for VIC as a whole.
Data for the last quarter indicates that, in the short term at least, the capital value growth rate for property investors in Bairnsdale has increased when compared to the 5 year average annual rate.
LACK OF BUYER INTEREST may well be the reason that Bairnsdale is offering property investors an average of -4.83. This rate of discount on properties puts Suburb at number 86th in terms of most discounted suburbs in VIC
Situated 233.55km from the CBD, Bairnsdale is one of East Gippsland localities in the postcode 3875.