Property investors have seen a 2.46% 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 $1,460,000
Profits averaged 13.69% 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 $750 based on current median home prices for the suburb.
The gross rental yield in BOTANY, 2019 is 2.67%.
An average of 7.33 real estate transactions take place per month in BOTANY which translates to 88 per annum.
|KEY PROPERTY DATA REPORT||HOUSE||UNIT|
|Median 12 month||4.66%||3.69%|
|Median 3 years||41.06%||27.56%|
|Median 5 years||73.4%||40.42%|
|10 years average annual||9.38%||6.27%|
|Weekly media advert. rent||$750||$632.5|
|Time on Market||94.6 days||60.1 days|
|Gross Rental Yield Percent||2.67%||3.94%|