VIC has seen average median house prices change by 10.47% which means that Bairnsdale, 3875 has done well for property investors by showing a capital gain of 0.37% over the last year
If we look at median property appreciation over just the last three months, Bairnsdale has given property investors a paper return of 1.13%. This puts Suburb as 403 on a list of fastest fasting appreciating suburbs in VIC
Bairnsdale, 3875 is offering VIC ‘s 249th most discounted properties when looking at the average discount being offered by vendors. This puts it in the TOP 40% of discounts offered by this VIC.
Using the current median advertised rental of $290 and the average annual increase in value of a median property of 2.67%, investors should hope to achieve an overall return of 5.63%
If you compare the increase in value of investment property in Bairnsdale, 3875 to the rest of Australia, it performed somewhat poorly. The median increase in value, or capital gain property investors experienced for this VIC suburb was -3.19%.
Taking the average capital gain, or increase in median house value, Bairnsdale,3875 has racked up an average of -3.19% over the period. This ranks it number 1097th in the whole country for real estate investors looking at median house price increases.
Situated 194.48km from the CBD, Bairnsdale is one of East Gippsland localities in the postcode 3875.