At number 208th in the list of Australian suburbs ordered by increase in median house value over the last year, Bunyip, 3815 is in the top 10% with a property value increase of 26.20% recorded in median house prices.
Bunyip,3815 has offered an average of 26.20% return per annum in house price rises to property investors over the last three years.
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 Bunyip, 3815. Typically our figures indicate that -2.85% is being offered, which puts this VIC suburb at 3499th most discounted overall in Australia.
With the median price for a house in Bunyip being $448000 and the advertised rent reaching $380 the gross rental yield for property investors calculates out to be 4.41%
Property value increases in Bunyip have tracked lower than the VIC average of 6.52% over the last 12 months.