Property investors who have had real estate in Bayswater North, 3153 should be relatively unhappy with this VIC suburb’s performance compared to the rest of the country. Over the last year it has seen median house prices decrease in value by -8.85%
Bayswater North,3153 was ranked 2569 in Australia by increase in median property value over the quarter.
Sellers are offering property buyers an average discount of -7.09% to buyers in Bayswater North at the moment, which is less than average for the rest of VIC.
Residents and property investors in Bayswater North have been waiting around 42.7727 days to sell a property.
Using the current median advertised rental of $410 and the average annual increase in value of a median property of 6.92%, investors should hope to achieve an overall return of 3.22%
At number 1032th in the list of Australian suburbs ordered by increase in median house value over the last year, Bayswater North, 3153 is in the BOTTOM 40% with a property value increase of -6.38% recorded in median house prices.
Bayswater North,3153 has offered an average of -6.38% return per annum in house price rises to property investors over the last three years.
At number 63th of VIC’s most discounted properties, Bayswater North is in the bottom 30% of the state/territory when listing in order of most discounted to least.
Residents and property investors in Bayswater North have been waiting around 53.2353 days to sell a property.
Advertised rents are around the $360 mark per week – giving a return of 3.86% based on the median price in Suburb