VIC has seen average median house prices change by 7.88% which means that Bentleigh East, 3165 has done well for property investors by showing a capital gain of 2.56% over the last year
Data for the last quarter indicates that, in the short term at least, the capital value growth rate for property investors in Bentleigh East has increased when compared to the 5 year average annual rate.
Vendor discounting in Bentleigh East is giving property investors an average Vendor Discount of around -4.20%. This puts suburb at number 495th in VIC when ranking the most discounted suburbs.
Situated 14.78km from the CBD, Bentleigh East is one of Glen Eira localities in the postcode 3165.
Investment property in Bentleigh East has done around average for investors when compared to the country as a whole over the last 12 months, with an increase in the median house price of 0.92%
When looking at the potential capital gains offered to property investors over the last 3 years, Bentleigh East comes in at number 188th in VIC.
Our latest figures would indicate that property sellers in Bentleigh East are currently offering property investors an average price cut of -6.13% below the asking price at the moment.
Often selling an investment property can take time, and in Bentleigh East the average time real estate has been on the market is 58.5 days.