Bayswater is an average performer in VIC when comparing median price capital growth over the last year. Bayswater gave property investors a average capital gain figure when compared to the rest of the state, with 1.51%.
Over the longer term, Bayswater has seen property prices show investors a 5.86% return over the last 3 years. This is worse than over the last 12 months
Property buyers and investors in Bayswater 3153 should be seeing an average reduction in asking price of around -7.86% . This means that Bayswater is holding prices well when compared to other suburbs in VIC.
Advertised rents are around the $420 mark per week – giving a return of 2.95% based on the median price in Suburb
With a capital gain of 11.22% for the last 12 months, Bayswater, 3153 has performed for property investments than its average annual 5.83% property growth over the last 5 years.
While Bayswater,3153 ranked number 199th in VIC for increase in median house value (annualised) increase, it is ranked 29th over the last 5 years.
Bayswater, 3153 is offering VIC ‘s 199th most discounted properties when looking at the average discount being offered by vendors. This puts it in the bottom 30% of discounts offered by this VIC.
Residents and property investors in Bayswater have been waiting around 48.375 days to sell a property.
The VIC suburb of Bayswater, 3153 is in the Knox (C) local government area.