The case for Canberra’s office market
No longer just a public service bubble, Canberra has seen an increase in private sector activity in recent years, bringing with it a raft of...
Property investors have seen a 11.05% gain in BOGGABRI based on an increase in median home prices for the past three months.
Homeowners and real estate investors betting on BOGGABRI, 2382 can rest assured about this NSW suburb's performance. The suburb saw median home prices rise by 15.06%.
Based on its average 5-year and quarterly capital gains BOGGABRI, 2382 saw average growth in the long term.
The NSW suburb also delivered a weaker performance in contrast to other Australian suburbs in terms of appreciation of property value.Investors saw the median home price rise to $238,750
Profits averaged 14.9% per annum over a 3-year period, due to an upward trend in home prices in BOGGABRI, 2382.
This means, real estate investors could earn a rental income of $350 based on current median home prices for the suburb.
The gross rental yield in BOGGABRI, 2382 is 7.62%.
An average of 1.33 real estate transactions take place per month in BOGGABRI which translates to 16 per annum.
| KEY PROPERTY DATA REPORT | HOUSE | UNIT |
|---|---|---|
| Median Price | $238,750 | N/A |
| GROWTH REPORT | ||
| Median Quarterly | 11.05% | N/A |
| Median 12 month | 15.06% | N/A |
| Median 3 years | 44.7% | N/A |
| Median 5 years | -7.1% | N/A |
| 10 years average annual | 8.02% | N/A |
| Weekly media advert. rent | $350 | N/A |
| Time on Market | 124.4 days | N/A |
| Gross Rental Yield Percent | 7.62% | N/A |
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