Investment property in Bonbeach has done not badly for investors when compared to the country as a whole over the last 12 months, with an increase in the median house price of 3.53%
A 34.35% growth in median value for property investors in Bonbeach,3196 puts this suburb at number 185th in terms of best performing suburbs in VIC
At number 30th of VIC’s most discounted properties, Bonbeach is in the bottom 10% of the state/territory when listing in order of most discounted to least.
In the last year 71 properties changed hands in Bonbeach, which puts it as the 321th most active market in VIC when comparing the number of sales per suburb.
Bonbeach is 439th on a list of best yielding suburbs for rents in VIC with a 2.95% return
If you compare the increase in value of investment property in Bonbeach, 3196 to the rest of Australia, it performed quite well. The median increase in value, or capital gain property investors experienced for this VIC suburb was 7.55%.
The five-year average increase in median property values for Bonbeach,3196 has given property investors a potential capital gain of 26.67% across each of those five years.
Bonbeach, 3196 is offering VIC ‘s 80th most discounted properties when looking at the average discount being offered by vendors. This puts it in the TOP 40% of discounts offered by this VIC.
Using the current median advertised rental of $400 and the average annual increase in value of a median property of 5.75%, investors should hope to achieve an overall return of 3.65%