Melbourne makes comeback with auction resurgence
The December quarter saw auction volumes rise in combined capital city markets, with the bulk of the uplift attributed to Melbourne. ...
Based on its average 5-year and quarterly capital gains BAYSWATER, 3153 saw average growth in the long term.
A survey of average capital gains or median home price increase in suburbs across the country shows that BAYSWATER, 3153 obtained a 5.61% growth over a ten-year period. It ranks 1194th on our list of suburbs that property investors should look into.
BAYSWATER, 3153 in VIC belongs to the local government area of Knox (C).
BAYSWATER, 3153 has a capital gain of 7.72% for the past year, which is higher than average compared to its 24.52% growth within a five-year period.
With the median home price in BAYSWATER sitting at $746,500, and the average rent at $405, property owners could potentially earn a 2.82% increase in gross rental yield.
Figures from the previous quarter show that capital gains for real estate buyers in BAYSWATER are low, as opposed to average gains per annum over the past five years.
| KEY PROPERTY DATA REPORT | HOUSE | UNIT |
|---|---|---|
| Median Price | $746,500 | $580,000 |
| GROWTH REPORT | ||
| Median Quarterly | -0.27% | -3.33% |
| Median 12 month | 7.72% | 0% |
| Median 3 years | -0.47% | 11.54% |
| Median 5 years | 24.52% | 34.88% |
| 10 years average annual | 5.61% | 4.68% |
| Weekly media advert. rent | $405 | $390 |
| Time on Market | 46.5 days | 46.2 days |
| Gross Rental Yield Percent | 2.82% | 3.5% |
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