Bonbeach, 3196 ranked 373th 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
Data for the last quarter indicates that, in the short term at least, the capital value growth rate for property investors in Bonbeach has increased when compared to the 5 year average annual rate.
State is the 7th most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -5.49% offered to property buyers. Sellers in Bonbeach itself are offering an average vendor discount of -5.77% to real estate investors.
Situated 30.85km from the CBD, Bonbeach is one of Kingston localities in the postcode 3196.
Property value increases in Bonbeach have tracked close to the VIC average of 5.32% over the last 12 months.
Comparing Bonbeach,3196 ‘s 5year and quarterly average capital gain offered to property investors, it performed less well across the longer period
When looking to buy, or assessing what properties are really achieving at sale, it's essential for property investors to take into account what discounts are being offered in Bonbeach, 3196. Typically our figures indicate that -5.05% is being offered, which puts this VIC suburb at 869th most discounted overall in Australia.
In the last year 70 properties changed hands in Bonbeach, which puts it as the 106th most active market in VIC when comparing the number of sales per suburb.
With the median price for a house in Bonbeach being $589725 and the advertised rent reaching $380 the gross rental yield for property investors calculates out to be 3.35%