Property Market Update: Brisbane, April 2022
Brisbane remained golden in April, as house values in the city marched higher to hit a new record high. But with a rate ...
Property investors enjoyed capital gains of 33.09% over the last 12 months in BOMADERRY, translating to lower returns compared with its peers in NSW.
A survey of average capital gains or median home price increase in suburbs across the country shows that the NSW suburb obtained a 9.53% growth over a ten-year period. It ranks 142nd on our list of suburbs that property investors should look into.
BOMADERRY, 2541 has a capital gain of 33.09% for the past year, which is higher than average compared to its 63.46% growth within a five-year period.
With the median home price in BOMADERRY sitting at $637,500, and the average rent at $450, property owners could potentially earn a 3.67% increase in gross rental yield.
Figures from the previous quarter show that capital gains for real estate buyers in BOMADERRY are low, as opposed to average gains per annum over the past five years.
BOMADERRY, 2541 in NSW belongs to the local government area of Shoalhaven (C).
|KEY PROPERTY DATA REPORT||HOUSE||UNIT|
|Median 12 month||33.09%||13.48%|
|Median 3 years||32.81%||9.89%|
|Median 5 years||63.46%||39.37%|
|10 years average annual||9.53%||6.78%|
|Weekly media advert. rent||$450||$350|
|Time on Market||24.6 days||39.2 days|
|Gross Rental Yield Percent||3.67%||4.55%|