Badger Creek

BADGER CREEK, 3777 delivered a weaker performance in contrast to other Australian suburbs in terms of appreciation of property value.

Average median house prices in VIC have risen as a whole, pulling BADGER CREEK, 3777 values up and netting property investors a capital gain of 9.15% for the past year.

Investors saw the median home price rise to $710,000.

Profits due to an downward trend in home prices in the suburb averaged -0.23% per annum over a 3-year period.

BADGER CREEK now ranks at the 52nd place on a list of fastest growing suburbs in the territory.

Figures from the previous quarter show that capital gains for real estate buyers in BADGER CREEK are high, as opposed to average gains per annum over the past five years.

Because of this real estate investors could earn a rental income of N/A based on current median home prices.

Regardless, it is expected for properties to spend some time on the market prior to a successful sale. In BADGER CREEK, homes and units usually stay on listing for an average of 41.3 days.

In 2016, 24 properties were sold in BADGER CREEK during the past year, making it the 424th most active market in VIC based on total real estate transactions.