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 7.5%, 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
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$542,750
$543,500
$542,750
Suburb Market Profile
Last month Bakery Hill had 3 properties 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 4.3%. Bakery Hill has seen an annual compound growth rate of 7.5% for houses and 24.7% for units.