Bonbeach, 3196 ranked 478th in VIC when comparing growth in median property values or capital gain over the last 12 months. Bonbeach is one of 2098 in our list for VIC
The five-year average increase in median property values for Bonbeach,3196 has given property investors a potential capital gain of 59.46% across each of those five years.
Sellers are offering property buyers an average discount of -6.70% to buyers in Bonbeach at the moment, which is less than average for the rest of VIC.
Investment property in Bonbeach 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 12.99%
Taking the average capital gain, or increase in median house value, Bonbeach,3196 has racked up an average of 12.99% over the period. This ranks it number 184th in the whole country for real estate investors looking at median house price increases.
LACK OF BUYER INTEREST may well be the reason that Bonbeach is offering property investors an average of -4.70. This rate of discount on properties puts Suburb at number 139th in terms of most discounted suburbs in VIC
With the median price for a house in Bonbeach being $600000 and the advertised rent reaching $370 the gross rental yield for property investors calculates out to be 3.21%