Bittern is in the TOP 10% in VIC when comparing median price capital growth over the last year. Bittern gave property investors a very good capital gain figure when compared to the rest of the state, with 23.85%.
Data for the last quarter indicates that, in the short term at least, the capital value growth rate for property investors in Bittern has increased when compared to the 5 year average annual rate.
Vendor discounting in Bittern is giving property investors an average Vendor Discount of around -3.46%. This puts suburb at number 541th in VIC when ranking the most discounted suburbs.
Often selling an investment property can take time, and in Bittern the average time real estate has been on the market is 40.38 days.
Over the last year, property investments in Bittern, 3918 have given investors a capital gain of -3.44%. This compares very badly with the 4.26% for VIC as a whole.
If we look at median property appreciation over just the last three months, Bittern has given property investors a paper return of 2.94%. This puts Suburb as 98 on a list of fastest fasting appreciating suburbs in VIC
At number 287th of VIC’s most discounted properties, Bittern is in the TOP 20% of the state/territory when listing in order of most discounted to least.
In the last year 11 properties changed hands in Bittern, which puts it as the 379th most active market in VIC when comparing the number of sales per suburb.