BAKERY HILL 3350
State: VICPosiProp AI Investment Summary
BAKERY HILL (VIC 3350) offers a compelling profile for property investors. The suburb currently holds an average rental yield of 3.9% and has experienced a 12-month capital growth of Up 10.8%, with a median house buy price of $542,750. This combination provides a balanced growth-and-yield potential for investment portfolios in Australia.
Market Yield & Price Indices
$468,000
$543,000
$543,500
$542,750
Suburb Market Profile
Last month Bakery Hill had 1 property available for rent and 2 properties for sale. Median property prices over the last year range from $542,750 for houses to $520,000 for units. If you are looking for an investment property, consider houses in Bakery Hill rent out for $450 PW with an annual rental yield of 3.9% and units rent for $380 PW with a rental yield of 4.4%. Bakery Hill has seen an annual compound growth rate of 10.8% for houses and 24.7% for units.