Over the last year, property investments in Bayswater, 6053 have given investors a capital gain of -9.62%. This compares badly with the -4.99% for WA as a whole.
Data for the last quarter indicates that, in the short term at least, the capital value growth rate for property investors in Bayswater has increased when compared to the 5 year average annual rate.
State is the most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -8.21% offered to property buyers. Sellers in Bayswater itself are offering an average vendor discount of -7.59% to real estate investors.
Residents and property investors in Bayswater have been waiting around 73.95 days to sell a property.
Advertised rents are around the $400 mark per week – giving a return of 3.60% based on the median price in Suburb
Property investors who have had real estate in Bayswater, 6053 should be pleased with this WA suburb’s performance compared to the rest of the country. Over the last year it has seen median house prices increase in value by 23.62%
Over the longer term, Bayswater has seen property prices show investors a 29.02% return over the last 3 years. This is worse than over the last 12 months
Sellers are offering property buyers an average discount of -7.95% to buyers in Bayswater at the moment, which is less than average for the rest of WA.
Renters in Suburb are facing rents around $3480 per annum or $290 every week.