Bairnsdale

POSTAL CODE: VIC, 3875

HOUSE

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 $375,000.

The downward trend in home prices in BAIRNSDALE, 3875 averaged -0.44% per annum over a 3-year period.

Average weekly rents on listings have reached the $470 mark, reflecting a 6.52% increase in returns based on the current median price in BAIRNSDALE.

An average of 3 real estate transactions take place per month in BAIRNSDALE which translates to 36 per annum.

36 properties were sold in BAIRNSDALE in 2016, making it the 272nd most active market in VIC based on total real estate transactions.

BAIRNSDALE, 3875 places 25th in Australia based on median property value growth during the quarter.

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Data report can be found below

Key Property Date Report	HOUSE	UNIT
Median Price	$375,000	N/A
Growth Report
Median Quarterly	10.29%	N/A
Median 12 month	-2.6%	N/A
Median 3 years	-1.32%	N/A
Median 5 years	15.38%	N/A
10 years average annual	7.8%	N/A
Weekly media advert. rent	$470	N/A
Time on Market	87.3 days	N/A
Gross Rental Yield Percent	6.52%	N/A

Demographics (Median Values)*

Total Population 18625

Weekly Household Income 1026

Household Size 2.30

Average Age 45

Monthly Loan Repayment 1300

* Australian Bureau of Statistics (May 2021) 2016 Census DataPacks[https://datapacks.censusdata.abs.gov.au/datapacks/],ABS Website, accessed 2016.

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