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Bandiana

POSTAL CODE: VIC, 3691
HOUSE

A steady increase in median property prices over a five-year period in the suburb translates to a 4.15% capital gain.

Property investors in BANDIANA enjoyed capital gains of 4.07% over the last 12 months translating to lower returns compared with its peers in the territory.

The 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 $640,000.

Profits due to an upward trend in home prices there averaged 1.38% per annum over a 3-year period.

Home owners selling their properties and realtors in BANDIANA usually have to wait an average of N/A days before their assets are lifted off the market.

Average weekly rents on listings have reached the $585 mark, reflecting a 4.75% increase in returns based on the current median price in BANDIANA.

BANDIANA, 3691 places 154th in Australia based on median property value growth during the quarter.

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