With a capital gain of 15.52% for the last 12 months, Bacchus Marsh, 3340 has performed for property investments than its average annual 6.64% property growth over the last 5 years.
If we look at median property appreciation over just the last three months, Bacchus Marsh has given property investors a paper return of 3.90%. This puts Suburb as 98 on a list of fastest fasting appreciating suburbs in VIC
Bacchus Marsh, 3340 is offering VIC ‘s 523th most discounted properties when looking at the average discount being offered by vendors. This puts it in the bottom 10% of discounts offered by this VIC.
On average over the past year, suburb has had 10.17 sales per month, which equates to 122 per year.
With the median price for a house in Bacchus Marsh being $480000 and the advertised rent reaching $360 the gross rental yield for property investors calculates out to be 3.90%
Over the last year, property investments in Bacchus Marsh, 3340 have given investors a capital gain of -9.02%. This compares very badly with the 2.97% for VIC as a whole.
The five-year average increase in median property values for Bacchus Marsh,3340 has given property investors a potential capital gain of 8.82% across each of those five years.
Sellers are offering property buyers an average discount of -9.05% to buyers in Bacchus Marsh at the moment, which is less than average for the rest of VIC.
In the last year 22 properties changed hands in Bacchus Marsh, which puts it as the 241th most active market in VIC when comparing the number of sales per suburb.
Renters in Suburb are facing rents around $15860 per annum or $305 every week.