Bairnsdale is in the bottom 40% in VIC when comparing median price capital growth over the last year. Bairnsdale gave property investors a disappointing capital gain figure when compared to the rest of the state, with 5.00%.
Taking the average capital gain, or increase in median house value, Bairnsdale,3875 has racked up an average of 5.00% over the period. This ranks it number 2757th in the whole country for real estate investors looking at median house price increases.
State is the 6th most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -5.87% offered to property buyers. Sellers in Bairnsdale itself are offering an average vendor discount of -4.97% to real estate investors.
A $280 per week rent on the median house gives suburb investors a gross yield of circa 5.55%, without taking into account capital value appreciation, which has been averaging out at 2.31%.
Bairnsdale is an average performer in VIC when comparing median price capital growth over the last year. Bairnsdale gave property investors a average capital gain figure when compared to the rest of the state, with 2.17%.
Comparing Bairnsdale,3875 ‘s 5year and quarterly average capital gain offered to property investors, it performed less well across the longer period
LACK OF BUYER INTEREST may well be the reason that Bairnsdale is offering property investors an average of -5.07. This rate of discount on properties puts Suburb at number 54th in terms of most discounted suburbs in VIC
Property investors should expect to get $240 weekly from the median priced house in this suburb.