Property investors have seen a 1.92% gain in EAST BENDIGO based on an increase in median home prices for the past three months.
Based on its average 5-year and quarterly capital gains EAST BENDIGO, 3550 saw average growth in the long term.
The VIC suburb also delivered a weaker performance in contrast to other Australian suburbs in terms of appreciation of property value.Investors saw the median home price rise to $530,000
Profits averaged -2.67% per annum over a 3-year period, due to an downward trend in home prices in EAST BENDIGO, 3550.
This means, real estate investors could earn a rental income of $460 based on current median home prices for the suburb.
The gross rental yield in EAST BENDIGO, 3550 is 4.51%.
An average of 4.42 real estate transactions take place per month in EAST BENDIGO which translates to 53 per annum.
Property investments in EAST BENDIGO fare well against the rest of the country last year, registering a median home price increase of 0%.
Figures from the previous quarter show that capital gains for real estate buyers in EAST BENDIGO are low, as opposed to average gains per annum over the past five years.
Based on its average 5-year and quarterly capital gains EAST BENDIGO, 3550 saw average growth in the long term.
This means, real estate investors could earn a rental income of $405 based on current median home prices for the suburb.
It is expected for properties to spend some time on the market prior to a successful sale. In EAST BENDIGO, homes and units usually stay on listing for an average of 30.2 days.
the VIC suburb also delivered a weaker performance in contrast to other Australian suburbs in terms of appreciation of property value.Investors saw the median home price rise to $485,000
Investors saw the median home price rise to $485,000.
EAST BENDIGO ranks 210th on the list of best yielding suburbs for rental properties in VIC, posting a 4.34% return.