At number 1201th in the list of Australian suburbs ordered by increase in median house value over the last year, Bayswater North, 3153 is in the top 30% with a property value increase of 10.11% recorded in median house prices.
If we look at median property appreciation over just the last three months, Bayswater North has given property investors a paper return of 0.19%. This puts Suburb as 487 on a list of fastest fasting appreciating suburbs in VIC
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 North, 3153. Typically our figures indicate that -4.22% is being offered, which puts this VIC suburb at 2976th most discounted overall in Australia.
In the last year 96 properties changed hands in Bayswater North, which puts it as the 279th most active market in VIC when comparing the number of sales per suburb.
Bayswater North has had a A very good year for property investment returns compared to the rest of VIC, giving investors a capital gain of 21.64% to date .
Bayswater North,3153 was ranked 786 in Australia by increase in median property value over the quarter.
Bayswater North3153 is located in VIC which offers an average discount of -4.70% to property investors. Bayswater North itself is showing figures that indicate -3.09% is the average achievable by property buyers investing in the suburb.
With the median price for a house in Bayswater North being $520000 and the advertised rent reaching $350 the gross rental yield for property investors calculates out to be 3.50%