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 -7.09%.
Taking the average capital gain, or increase in median house value, Bayswater,6053 has racked up an average of -7.09% over the period. This ranks it number 3405th in the whole country for real estate investors looking at median house price increases.
When looking to buy, or assessing what properties are really achieving at sale, it's essential for property investors to take into account what discounts are being offered in Bayswater, 6053. Typically our figures indicate that -6.52% is being offered, which puts this WA suburb at 1483th most discounted overall in Australia.
Bayswater, 6053’s gross rental yield is 3.48%
Property investors who have had real estate in Bayswater, 6053 should be unhappy with this WA suburb’s performance compared to the rest of the country. Over the last year it has seen median house prices decrease in value by -9.18%
When looking at the potential capital gains offered to property investors over the last 3 years, Bayswater comes in at number 51th in WA.
Property buyers and investors in Bayswater 6053 should be seeing an average reduction in asking price of around -11.10% . This means that Bayswater is holding prices well when compared to other suburbs in WA.
Residents and property investors in Bayswater have been waiting around 126.71 days to sell a property.
Advertised rents are around the $272.5 mark per week – giving a return of 5.12% based on the median price in Suburb