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Investment Property Bittern, VIC, 3918

Suburb Snapshot

Bittern is a suburb in the Mornington Peninsula Region of Victoria. Bittern has a population of 3,705 people and 11.49% of its occupants live in rental accommodation. The median listing price for houses is $980,000 and this has changed 13.95% over the past year and changed 20.98% over 2 years.

The median rent in Bittern for houses is $600 per week and the median rental yield is 3.18%. Stock on the market for houses/townhouses has changed 30.00% compared to last year and the average time to sell a house/townhouse is 68 days.The median listing price for units is NA and this has changed NA over the past year. The average unit takes NA days to sell and the median rent for a unit in Bittern is NA per week, producing a rental yield of NA.

Supply & Demand in Bittern, Mornington Peninsula

0.34%

Current vacancy rate


6

Rental stock available


3,705

Population


11.49%

Rental population


0.56%

Current vacancy rate


541

Rental stock available


154,997

Population


14.32%

Rental population


0.93%

Current vacancy rate


28,886

Rental stock available


5,926,624

Population


24.77%

Rental population


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Statistical data for Bittern, Mornington Peninsula

  House Townhouses Units
Median listing price $980,000 NA NA
Median price change - last quarter 0.51% NA NA
Median price change - 1 year 13.95% NA NA
Median price change - 2 years 20.98% NA NA
  House Townhouses Units
Median weekly rent $600 NA NA
Median yield % 3.18% NA NA
Median rent change - 1 year 0.00% NA NA
  House Units
Previous month sales 5 0
Stock on market previous month 26 3
Stock variance vs. last year 30.00% 200.00%
Average days on market 68 NA

Bittern investment property listings

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