With a capital gain of -1.89% for the last 12 months, Bairnsdale, 3875 has performed for property investments than its average annual 2.30% property growth over the last 5 years.
If we look at median property appreciation over just the last three months, Bairnsdale has given property investors a paper return of -3.35%. This puts Suburb as 565 on a list of fastest fasting appreciating suburbs in VIC
Our latest figures would indicate that property sellers in Bairnsdale are currently offering property investors an average price cut of -4.57% below the asking price at the moment.
While Bairnsdale,3875 ranked number 124th in VIC for increase in median house value (annualised) increase, it is ranked 297th over the last 5 years.
State is the 6th most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -5.69% offered to property buyers. Sellers in Bairnsdale itself are offering an average vendor discount of -3.77% to real estate investors.
Bairnsdale is 8th on a list of best yielding suburbs for rents in VIC with a 6.19% return