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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 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%|