BITTERN 3918
State: VICPosiProp AI Investment Summary
BITTERN (VIC 3918) offers a compelling profile for property investors. The suburb currently holds an average rental yield of 4.1% and has experienced a 12-month capital growth of Down -8.6%, with a median house buy price of $1,070,000. This combination provides a balanced growth-and-yield potential for investment portfolios in Australia.
Market Yield & Price Indices
$890,000
$850,000
$1,175,000
$1,070,000
Suburb Market Profile
Last month Bittern had 3 properties available for rent and 17 properties for sale. Median property prices over the last year range from $1,070,000 for houses to $697,500 for units. If you are looking for an investment property, consider houses in Bittern rent out for $590 PW with an annual rental yield of 4.1% and units rent for $600 PW with a rental yield of 4.4%. Bittern has seen an annual compound growth rate of -8.6% for houses and -4.7% for units.