Bakewell is one of Palmerston's newest and most popular suburbs, with modern housing estates, the Bakewell Primary School and proximity to Palmerston City Centre. A strong first home buyer and investor suburb in the Greater Palmerston growth precinct. At the current $540k median house price, an 80% loan at 6.25% over 30 years is about $2,660 per month.
| Median house price | $540,000 |
|---|---|
| Median unit price | $350,000 |
| Estimated monthly repayment | $2,660 at 80% LVR, 6.25%, 30 years |
| Annual price growth | 6.5% |
| Gross rental yield | 6.7% |
| Typical days on market | 26 |
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