If you compare the increase in value of investment property in Bittern, 3918 to the rest of Australia, it performed very well. The median increase in value, or capital gain property investors experienced for this VIC suburb was 17.07%.
If we look at median property appreciation over just the last three months, Bittern has given property investors a paper return of 7.07%. This puts Suburb as 53 on a list of fastest fasting appreciating suburbs in VIC
The most recent median price for Bittern is $439000, with sellers offering an average of -2.76% off the asking price.
In the last year 53 properties changed hands in Bittern, which puts it as the 410th most active market in VIC when comparing the number of sales per suburb.
Renters in Suburb are facing rents around $4320 per annum or $360 every week.
VIC has seen average median house prices change by 4.09% which means that Bittern, 3918 has done well for property investors by showing a capital gain of 16.13% over the last year
Over the longer term, Bittern has seen property prices show investors a 6.67% return over the last 3 years. This is an improvement over the last 12 months
Bittern, 3918 is offering VIC ‘s 289th most discounted properties when looking at the average discount being offered by vendors. This puts it in the bottom 10% of discounts offered by this VIC.