BENDIGO 
2 MIN READWhy Turning To Accountants To Shore Up Rental Applications Could Be Problematic
Accountants are increasingly being pressured to provide capacity to repay statements, as real estate agents and landlord...
Read More
BotanyBotany - SUBURB PROFILE REPORT
SHARE 
Property investors have seen a 1.39% gain in BOTANY based on an increase in median home prices for the past three months.
Based on its average 5-year and quarterly capital gains BOTANY, 2019 saw average growth in the long term.
The NSW suburb also delivered a stronger performance in contrast to other Australian suburbs in terms of appreciation of property value.Investors saw the median home price rise to $1,550,000
Profits averaged 0.11% per annum over a 3-year period, due to an upward trend in home prices in BOTANY, 2019.
This means, real estate investors could earn a rental income of $800 based on current median home prices for the suburb.
The gross rental yield in BOTANY, 2019 is 2.68%.
An average of 5 real estate transactions take place per month in BOTANY which translates to 60 per annum.
| KEY PROPERTY DATA REPORT | HOUSE | UNIT |
|---|---|---|
| Median Price | $1,550,000 | $820,000 |
| GROWTH REPORT | ||
| Median Quarterly | 1.39% | 1.86% |
| Median 12 month | 3.33% | 4.79% |
| Median 3 years | 0.32% | 2.5% |
| Median 5 years | 24% | 4.46% |
| 10 years average annual | 7.56% | 3.47% |
| Weekly media advert. rent | $800 | $550 |
| Time on Market | 68.2 days | 69.6 days |
| Gross Rental Yield Percent | 2.68% | 3.49% |
Get notifications in real-time for staying up to date with content that matters to you.
Copyright © 2021 Smart Property Investment
