Over the last year, property investments in Bairnsdale, 3875 have given investors a capital gain of 0.37%. This compares favourably with the -1.79% for VIC as a whole.
If we look at median property appreciation over just the last three months, Bairnsdale has given property investors a paper return of 2.48%. This puts Suburb as 115 on a list of fastest fasting appreciating suburbs in VIC
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 Bairnsdale, 3875. Typically our figures indicate that -4.32% is being offered, which puts this VIC suburb at 2861th most discounted overall in Australia.
With the median price for a house in Bairnsdale being $269000 and the advertised rent reaching $307 the gross rental yield for property investors calculates out to be 5.93%
Bairnsdale is in the bottom 30% in VIC when comparing median price capital growth over the last year. Bairnsdale gave property investors a disappointing capital gain figure when compared to the rest of the state, with -5.20%.
The five-year average increase in median property values for Bairnsdale,3875 has given property investors a potential capital gain of -2.84% across each of those five years.
The most recent median price for Bairnsdale is $205000, with sellers offering an average of -7.50% off the asking price.
The VIC suburb of Bairnsdale, 3875 is in the East Gippsland (S) local government area.