If you compare the increase in value of investment property in Bayswater, 6053 to the rest of Australia, it performed poorly. The median increase in value, or capital gain property investors experienced for this WA suburb was -7.80%.
Taking the average capital gain, or increase in median house value, Bayswater,6053 has racked up an average of -7.80% over the period. This ranks it number 3396th in the whole country for real estate investors looking at median house price increases.
The most recent median price for Bayswater is $585000, with sellers offering an average of -6.63% off the asking price.
With the median price for a house in Bayswater being $585000 and the advertised rent reaching $392.5 the gross rental yield for property investors calculates out to be 3.49%
Investment property in Bayswater has done poorly for investors when compared to the country as a whole over the last 12 months, with an increase in the median house price of -6.56%
Comparing Bayswater,6053 ‘s 5year and quarterly average capital gain offered to property investors, it performed less well across the longer period
Bayswater6053 is located in WA which offers an average discount of -8.31% to property investors. Bayswater itself is showing figures that indicate -10.24% is the average achievable by property buyers investing in the suburb.
Bayswater is 22th on a list of best yielding suburbs for rents in WA with a 5.11% return