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Investment Property Bairnsdale, VIC, 3875

Suburb Snapshot

Bairnsdale is a suburb in the East Gippsland Region of Victoria. Bairnsdale has a population of 7,582 people and 29.46% of its occupants live in rental accommodation. The median listing price for houses is $540,000 and this has changed 8.21% over the past year and changed 8.21% over 2 years.

The median rent in Bairnsdale for houses is $450 per week and the median rental yield is 4.33%. Stock on the market for houses/townhouses has changed 60.23% compared to last year and the average time to sell a house/townhouse is 115 days.The median listing price for units is $355,000 and this has changed 1.42% over the past year. The average unit takes 78 days to sell and the median rent for a unit in Bairnsdale is $370 per week, producing a rental yield of 5.41%.

Supply & Demand in Bairnsdale, East Gippsland

0.81%

Current vacancy rate


33

Rental stock available


7,582

Population


29.46%

Rental population


0.51%

Current vacancy rate


148

Rental stock available


45,041

Population


17.07%

Rental population


0.94%

Current vacancy rate


29,256

Rental stock available


5,926,624

Population


24.77%

Rental population


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Statistical data for Bairnsdale, East Gippsland

  House Townhouses Units
Median listing price $540,000 NA $355,000
Median price change - last quarter 2.85% NA 1.42%
Median price change - 1 year 8.21% NA 1.42%
Median price change - 2 years 8.21% NA 4.71%
  House Townhouses Units
Median weekly rent $450 NA $370
Median yield % 4.33% NA 5.41%
Median rent change - 1 year 4.65% NA 8.82%
  House Units
Previous month sales 9 1
Stock on market previous month 141 7
Stock variance vs. last year 60.23% 133.33%
Average days on market 115 78

Bairnsdale investment property listings

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