Over the last year, property investments in East Bairnsdale, 3875 have given investors a capital gain of -7.77%. This compares very badly with the 9.04% for VIC as a whole.
Over the longer term, East Bairnsdale has seen property prices show investors a -16.76% return over the last 3 years. This is an improvement over the last 12 months
Property investors looking for a bargain in East Bairnsdale should be aiming for at least -2.40% off the asking price, which is the average vendor discount being achieved at the moment.
In the last year 17 properties changed hands in East Bairnsdale, which puts it as the 630th most active market in VIC when comparing the number of sales per suburb.
A $270 per week rent on the median house gives suburb investors a gross yield of circa 7.39%, without taking into account capital value appreciation, which has been averaging out at -1.00%.