VIC/
Bairnsdale

Suburb Profile

Bairnsdale - FREE SUBURB PROFILE REPORT
POSTAL CODE: VIC,3875

house
unit

Based on its average 5-year and quarterly capital gains, the suburb saw average growth in the long term.

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 $268,250.

The upward trend in home prices in BAIRNSDALE, 3875 averaged 3.31% per annum over a 3-year period.

Average weekly rents on listings have reached the $280 mark, reflecting a 5.43% increase in returns based on the current median price in BAIRNSDALE.

An average of 14.5 real estate transactions take place per month in BAIRNSDALE which translates to 174 per annum.

174 properties were sold in BAIRNSDALE in 2016, making it the 506th most active market in VIC based on total real estate transactions.

BAIRNSDALE, 3875 places 170th in Australia based on median property value growth during the quarter.

KEY PROPERTY DATA REPORT HOUSE UNIT
Median Price $268,250 $235,000
GROWTH REPORT
Median Quarterly 3.97% N/A
Median 12 month 9.49% 2.17%
Median 3 years 9.94% 20.51%
Median 5 years 16.63% 11.9%
10 years average annual 2.72% 2.52%
Weekly media advert. rent $280 $240
Time on Market 116.6 days 83.7 days
Gross Rental Yield Percent 5.43% 5.31%
demographics (median values)
Total Population
7798
Weekly Household Income
663.6
Household Size
2.30
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