Bayswater North, 3153 ranked 210th in VIC when comparing growth in median property values or capital gain over the last 12 months. Bayswater North is one of 2098 in our list for VIC
Bayswater North,3153 has offered an average of 16.96% return per annum in house price rises to property investors over the last three years.
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 -2.75% is being offered, which puts this VIC suburb at 3536th most discounted overall in Australia.
With the median price for a house in Bayswater North being $726000 and the advertised rent reaching $400 the gross rental yield for property investors calculates out to be 2.87%
Investment property in Bayswater North has done well for investors when compared to the country as a whole over the last 12 months, with an increase in the median house price of 22.42%
Data for the last quarter indicates that, in the short term at least, the capital value growth rate for property investors in Bayswater North has increased when compared to the 5 year average annual rate.
Property buyers and investors in Bayswater North 3153 should be seeing an average reduction in asking price of around -2.96% . This means that Bayswater North is holding prices well when compared to other suburbs in VIC.
Advertised rents are around the $340 mark per week – giving a return of 3.43% based on the median price in Suburb