WA has seen average median house prices change by -2.74% which means that Bayswater, 6053 has not done well for property investors by showing a capital gain of -5.93% over the last year
Bayswater,6053 was ranked 2435 in Australia by increase in median property value over the quarter.
At number 291th 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.
Residents and property investors in Bayswater have been waiting around 63.9103 days to sell a property.
The WA suburb of Bayswater, 6053 is in the Bayswater (C) local government area.
Investment property in Bayswater has done poorly for investors when compared to the country as a whole over the last 12 months, with an increase in the median house price of -25.45%
Taking the average capital gain, or increase in median house value, Bayswater,6053 has racked up an average of -25.45% over the period. This ranks it number 1502th in the whole country for real estate investors looking at median house price increases.
Bayswater6053 is located in WA which offers an average discount of -9.70% to property investors. Bayswater itself is showing figures that indicate -9.36% is the average achievable by property buyers investing in the suburb.
In the last year 33 properties changed hands in Bayswater, which puts it as the 52th most active market in WA when comparing the number of sales per suburb.
Using the current median advertised rental of $285 and the average annual increase in value of a median property of 1.53%, investors should hope to achieve an overall return of 5.95%