Boambee East

POSTAL CODE: NSW, 2452

HOUSE

UNIT

BOAMBEE EAST, 2452 delivered a weaker performance in contrast to other Australian suburbs in terms of appreciation of property value.

Average median house prices in NSW have risen as a whole, pulling BOAMBEE EAST, 2452 values up and netting property investors a capital gain of 10.78% for the past year.

Investors saw the median home price rise to $847,500.

Profits due to an upward trend in home prices in the suburb averaged 3.59% per annum over a 3-year period.

BOAMBEE EAST now ranks at the 579th place on a list of fastest growing suburbs in the territory.

Figures from the previous quarter show that capital gains for real estate buyers in BOAMBEE EAST are low, as opposed to average gains per annum over the past five years.

Because of this real estate investors could earn a rental income of $720 based on current median home prices.

Regardless, it is expected for properties to spend some time on the market prior to a successful sale. In BOAMBEE EAST, homes and units usually stay on listing for an average of 35.4 days.

In 2016, 92 properties were sold in BOAMBEE EAST during the past year, making it the 31st most active market in NSW based on total real estate transactions.

BOAMBEE EAST ranks 397th in NSW when it comes to estimated capital gains experienced by property investors over the past three years.

BOAMBEE EAST, 2452 has a capital gain of 13.3% for the past year, which is higher than average compared to its 0% growth within a five-year period.

With the median home price in BOAMBEE EAST sitting at $643,000, and the average rent at $540, property owners could potentially earn a 4.37% increase in gross rental yield.

Property investors have seen a 5.41% gain in BOAMBEE EAST based on an increase in median home prices for the past three months.

Homeowners and real estate investors betting on BOAMBEE EAST, 2452 can rest assured about this NSW suburb's performance. The suburb saw median home prices rise by 13.3%.

A survey of average capital gains or median home price increase in suburbs across the country shows that BOAMBEE EAST, 2452 obtained a 3.42% growth over a ten-year period. It ranks 1177th on our list of suburbs that property investors should look into.

You’re out of free articles for this month

Username or Email

Password Forgot password?

Keep me signed in on this device.

First Name

Last Name

Mobile

Organisation Type

By becoming a member, I agree to receive information and promotional messages from Smart Property Investment. I can opt out of these communications at any time. For more information, please visit our Privacy Statement.

Need help signing up? Visit the Help Centre.

Free investor loan check

Better property decisions start with smarter lending.

A free 15-minute finance check for property investors.

15 minutes Free No obligation

What are your lending goals?

Choose a goal to request a callback.

Buying againCheck my borrowing position Equity or refinanceReview my current loans Loan strategyGet a second opinion

Ready to talk?

Book a 15-minute call →

Finni Pty Ltd · Australian Credit Licence 384324 · Privacy

Data report can be found below

Key Property Date Report	HOUSE	UNIT
Median Price	$847,500	$643,000
Growth Report
Median Quarterly	0.89%	5.41%
Median 12 month	10.78%	13.3%
Median 3 years	10.78%	13.4%
Median 5 years	41.49%	0%
10 years average annual	7.84%	3.42%
Weekly media advert. rent	$720	$540
Time on Market	35.4 days	N/A
Gross Rental Yield Percent	4.42%	4.37%

Demographics (Median Values)*

Total Population 15120

Weekly Household Income 1016

Household Size 2.40

Average Age 44

Monthly Loan Repayment 1517

* Australian Bureau of Statistics (May 2021) 2016 Census DataPacks[https://datapacks.censusdata.abs.gov.au/datapacks/],ABS Website, accessed 2016.

Select a category

Age group

Top 10 Birth Countries

Dwelling Structures

Education

Household Income

Labour Force

Marital Status

Occupation

Religious Affiliation

Tenure Type

.module-ajax-wrapper-js-only-732 { display: none !important; }