Property value increases in Bonbeach have tracked lower than the VIC average of -1.69% over the last 12 months.
When looking at the potential capital gains offered to property investors over the last 3 years, Bonbeach comes in at number 511th in VIC.
Sellers are offering property buyers an average discount of -6.47% to buyers in Bonbeach at the moment, which is less than average for the rest of VIC.
Renters in Suburb are facing rents around $26520 per annum or $510 every week.
Bonbeach is in the bottom 10% in VIC when comparing median price capital growth over the last year. Bonbeach gave property investors a dismal capital gain figure when compared to the rest of the state, with -19.03%.
Bonbeach,3196 has offered an average of -19.03% return per annum in house price rises to property investors over the last three years.
State is the 6th most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -6.24% offered to property buyers. Sellers in Bonbeach itself are offering an average vendor discount of -7.97% to real estate investors.
At number 318 in a list of fastest selling suburbs, Bonbeach is in the TOP 30% of suburbs in Australia with an average of days on market 63.6567 for properties listed there.
Using the current median advertised rental of $415 and the average annual increase in value of a median property of 5.26%, investors should hope to achieve an overall return of 4.32%