At number 3847th in the list of Australian suburbs ordered by increase in median house value over the last year, Pioneer Bay, 3984 is in the BOTTOM 10% with a property value increase of -10.21% recorded in median house prices.
Data for the last quarter indicates that, in the short term at least, the capital value growth rate for property investors in Pioneer Bay has increased when compared to the 5 year average annual rate.
The most recent median price for Pioneer Bay is $215500, with sellers offering an average of -7.72% off the asking price.
In the last year 20 properties changed hands in Pioneer Bay, which puts it as the 593th most active market in VIC when comparing the number of sales per suburb.
Property investors should expect to get $250 weekly from the median priced house in this suburb.