Over the last year, property investments in North Bendigo, 3550 have given investors a capital gain of 1.31%. This compares favourably with the -1.79% for VIC as a whole.
North Bendigo,3550 has offered an average of 1.31% return per annum in house price rises to property investors over the last three years.
Property buyers and investors in North Bendigo 3550 should be seeing an average reduction in asking price of around -8.10% . This means that North Bendigo is holding prices well when compared to other suburbs in VIC.
A $315 per week rent on the median house gives suburb investors a gross yield of circa 5.28%, without taking into account capital value appreciation, which has been averaging out at 4.54%.
Investment property in North Bendigo has done around average for investors when compared to the country as a whole over the last 12 months, with an increase in the median house price of -2.51%
Data for the last quarter indicates that, in the short term at least, the capital value growth rate for property investors in North Bendigo has increased when compared to the 5 year average annual rate.
Residents and property investors in North Bendigo have been waiting around 112.545 days to sell a property.
Advertised rents are around the $290 mark per week – giving a return of 5.97% based on the median price in Suburb