VIC/
Bairnsdale

Suburb Profile

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

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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 $269,000.

The upward trend in home prices in BAIRNSDALE, 3875 averaged 4.03% per annum over a 3-year period.

Average weekly rents on listings have reached the $285 mark, reflecting a 5.51% increase in returns based on the current median price in BAIRNSDALE.

An average of 14.75 real estate transactions take place per month in BAIRNSDALE which translates to 177 per annum.

177 properties were sold in BAIRNSDALE in 2016, making it the 505th most active market in VIC based on total real estate transactions.

BAIRNSDALE, 3875 places 613th in Australia based on median property value growth during the quarter.

KEY PROPERTY DATA REPORT HOUSE UNIT
Median Price $269,000 $233,000
GROWTH REPORT
Median Quarterly 0% -1.79%
Median 12 month 6.53% 1.3%
Median 3 years 12.08% 8.37%
Median 5 years 16.7% 22.63%
10 years average annual 2.63% 3.76%
Weekly media advert. rent $285 $250
Time on Market 114.5 days 0.0 days
Gross Rental Yield Percent 5.51% 5.58%
demographics (median values)
Total Population
7798
Weekly Household Income
663.6
Household Size
2.30
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Bairnsdale, VIC
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