Property investors who have had real estate in Pioneer Bay, 3984 should be unhappy with this VIC suburb’s performance compared to the rest of the country. Over the last year it has seen median house prices decrease in value by -12.00%
While Pioneer Bay,3984 ranked number 633th in VIC for increase in median house value (annualised) increase, it is ranked 580th over the last 5 years.
LACK OF BUYER INTEREST may well be the reason that Pioneer Bay is offering property investors an average of -5.99. This rate of discount on properties puts Suburb at number 92th in terms of most discounted suburbs in VIC
On average over the past year, suburb has had 1.50 sales per month, which equates to 18 per year.
The VIC suburb of Pioneer Bay, 3984 is in the Bass Coast local government area.