BENDIGO 
2 MIN READBoosting Housing Supply Critical To Warding Off Further Price Growth: NAB
NAB’s Ross McEwan fronted the economics committee on Friday and called on the government to enact “decisive moves”...
Read More
BrightwatersBrightwaters - SUBURB PROFILE REPORT
SHARE 
A steady increase in median property prices over a five-year period in the suburb translates to a 1.41% capital gain.
The suburb also delivered a stronger performance in contrast to other Australian suburbs in terms of appreciation of property value. Investors saw the median home price rise to $720,000.
Profits due to an upward trend in home prices there averaged 0.47% per annum over a 3-year period.
Home owners selling their properties and realtors in BRIGHTWATERS usually have to wait an average of 52.0 days days before their assets are lifted off the market.
Average weekly rents on listings have reached the $350 mark, reflecting a 2.53% increase in returns based on the current median price in BRIGHTWATERS.
BRIGHTWATERS, 2264 places 782nd in Australia based on median property value growth during the quarter.
| KEY PROPERTY DATA REPORT | HOUSE | UNIT |
|---|---|---|
| Median Price | $720,000 | N/A |
| GROWTH REPORT | ||
| Median Quarterly | 1.41% | N/A |
| Median 12 month | -16.76% | N/A |
| Median 3 years | 1.41% | N/A |
| Median 5 years | 50% | N/A |
| 10 years average annual | 8.75% | N/A |
| Weekly media advert. rent | $350 | N/A |
| Time on Market | 52.0 days | N/A |
| Gross Rental Yield Percent | 2.53% | N/A |
Get notifications in real-time for staying up to date with content that matters to you.
Copyright © 2021 Smart Property Investment
