Giving property investors a a stable capital gain of 5.02% for the last year, Bendigo, 3550 is the 953th highest performer in Australia in this respect.
Taking the average capital gain, or increase in median house value, Bendigo,3550 has racked up an average of 5.02% over the period. This ranks it number 3365th in the whole country for real estate investors looking at median house price increases.
Bendigo, 3550 is offering VIC ‘s 372th most discounted properties when looking at the average discount being offered by vendors. This puts it in the bottom 40% of discounts offered by this VIC.
At number 81th in the list of Australian suburbs ordered by increase in median house value over the last year, Bendigo, 3550 is in the top 10% with a property value increase of 20.00% recorded in median house prices.
Comparing Bendigo,3550 ‘s 5year and quarterly average capital gain offered to property investors, it performed better across the longer period
Situated 131.99km from the CBD, Bendigo is one of Greater Bendigo (C) localities in the postcode 3550.
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Median House Price: $410k
Current Yield (houses): 4.2%
Average annual growth (houses): 6.2%
Bendigo is a city in Victoria that has been showing considerable growth. In fact, house values have risen by an average annual growth rate of 6.2%. Investors can also enter the market comfortably, with the median house price coming in at $410k.
Consisting of a bustling business centre and a shopping district that are in easy reach from the many surrounding suburbs, the city on a whole offers an ideal lifestyle for both families and working professionals.
Bendigo’s famed gold rush roots continue to propel population growth, whilst also attracting tourism. The rental yield for houses is a strong 4.2%.