Over the last year, property investments in Bayswater, 6053 have given investors a capital gain of -4.24%. This compares averagely with the -2.49% for WA as a whole.
When looking at the potential capital gains offered to property investors over the last 3 years, Bayswater comes in at number 268th in WA.
LACK OF BUYER INTEREST may well be the reason that Bayswater is offering property investors an average of -8.07. This rate of discount on properties puts Suburb at number 288th in terms of most discounted suburbs in WA
In the last year 212 properties changed hands in Bayswater, which puts it as the 13th most active market in WA when comparing the number of sales per suburb.
If you compare the increase in value of investment property in Bayswater, 6053 to the rest of Australia, it performed quite well. The median increase in value, or capital gain property investors experienced for this WA suburb was 11.37%.
Taking the average capital gain, or increase in median house value, Bayswater,6053 has racked up an average of 11.37% over the period. This ranks it number 1470th in the whole country for real estate investors looking at median house price increases.
Property investors looking for a bargain in Bayswater should be aiming for at least -10.94% off the asking price, which is the average vendor discount being achieved at the moment.
Renters in Suburb are facing rents around $2880 per annum or $240 every week.