Investment property in Bayswater has done not badly for investors when compared to the country as a whole over the last 12 months, with an increase in the median house price of 16.23%
If we look at median property appreciation over just the last three months, Bayswater has given property investors a paper return of 2.67%. This puts Suburb as 261 on a list of fastest fasting appreciating suburbs in WA
At number 332th of WA’s most discounted properties, Bayswater is in the TOP 30% of the state/territory when listing in order of most discounted to least.
A $450 per week rent on the median house gives suburb investors a gross yield of circa 3.80%, without taking into account capital value appreciation, which has been averaging out at 1.57%.
Bayswater has had a A very good year for property investment returns compared to the rest of WA, giving investors a capital gain of 28.00% to date .
While Bayswater,6053 ranked number 102th in WA for increase in median house value (annualised) increase, it is ranked 37th over the last 5 years.
State is the most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -5.09% offered to property buyers. Sellers in Bayswater itself are offering an average vendor discount of -4.30% to real estate investors.
Often selling an investment property can take time, and in Bayswater the average time real estate has been on the market is 50.0435 days.
Renters in Suburb are facing rents around $17940 per annum or $345 every week.