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 -6.2%, 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
$780,000
$1,200,000
$1,070,000
Suburb Market Profile
Last month Bittern had 2 properties available for rent and 17 properties for sale. Median property prices over the last year range from $1,070,000 for houses to $685,000 for units. If you are looking for an investment property, consider houses in Bittern rent out for $600 PW with an annual rental yield of 4.1% and units rent for $600 PW with a rental yield of 4.5%. Bittern has seen an annual compound growth rate of -6.2% for houses and -6.4% for units.
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