Open for business: Victorian property market to recommence
Real estate bodies are rejoicing following the announcement that private inspections for purchase or leasing of Victorian residential pro...
Figures from the previous quarter show that capital gains for real estate buyers in BONNY HILLS are low, as opposed to average gains per annum over the past five years.
This number can mean, real estate investors could earn a rental income of $430 based on current median home prices for the suburb.
On average, rents on listings have reached the $430 mark, reflecting a 3.61% increase in returns based on the current median price in BONNY HILLS.
BONNY HILLS, 2445 ranks 1101st in NSW in terms of median property value increase and capital gains, based on year-to-date figures.
While it ranks 502nd on the list of best yielding suburbs for rental properties in NSW, posting a 3.61% return.
| KEY PROPERTY DATA REPORT | HOUSE | UNIT |
|---|---|---|
| Median Price | $620,000 | N/A |
| GROWTH REPORT | ||
| Median Quarterly | 0% | N/A |
| Median 12 month | -5.34% | N/A |
| Median 3 years | 12.73% | N/A |
| Median 5 years | 19.92% | N/A |
| 10 years average annual | 3.85% | N/A |
| Weekly media advert. rent | $430 | N/A |
| Time on Market | 110.4 days | N/A |
| Gross Rental Yield Percent | 3.61% | N/A |
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