Over the last year, property investments in Blind Bight, 3980 have given investors a capital gain of 6.89%. This compares favourably with the -1.69% for VIC as a whole.
Blind Bight,3980 was ranked 1421 in Australia by increase in median property value over the quarter.
At number 555th of VIC’s most discounted properties, Blind Bight is in the TOP 10% of the state/territory when listing in order of most discounted to least.
On average over the past year, suburb has had 1.50 sales per month, which equates to 18 per year.
A $380 per week rent on the median house gives suburb investors a gross yield of circa 3.49%, without taking into account capital value appreciation, which has been averaging out at 7.91%.