Giving property investors a a stable capital gain of 9.05% for the last year, Bayswater, 3153 is the 1204th highest performer in Australia in this respect.
Over the longer term, Bayswater has seen property prices show investors a 45.37% return over the last 3 years. This is worse than over the last 12 months
LACK OF BUYER INTEREST may well be the reason that Bayswater is offering property investors an average of -5.20. This rate of discount on properties puts Suburb at number 438th in terms of most discounted suburbs in VIC
In the last year 133 properties changed hands in Bayswater, which puts it as the 183th most active market in VIC when comparing the number of sales per suburb.
Renters in Suburb are facing rents around $20800 per annum or $400 every week.
If you compare the increase in value of investment property in Bayswater, 3153 to the rest of Australia, it performed very well. The median increase in value, or capital gain property investors experienced for this VIC suburb was 20.27%.
Across a shorter period, Bayswater, 3153 has seen a median price increase of 7.61% over the last quarter.
State is the 6th most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -4.60% offered to property buyers. Sellers in Bayswater itself are offering an average vendor discount of -3.60% to real estate investors.