Over the last year, property investments in Bannockburn, 3331 have given investors a capital gain of 13.37%. This compares very favourably with the 3.76% for VIC as a whole.
Data for the last quarter indicates that, in the short term at least, the capital value growth rate for property investors in Bannockburn has increased when compared to the 5 year average annual rate.
LACK OF BUYER INTEREST may well be the reason that Bannockburn is offering property investors an average of -5.61. This rate of discount on properties puts Suburb at number 567th in terms of most discounted suburbs in VIC
Advertised rents are around the $400 mark per week – giving a return of 4.27% based on the median price in Suburb