Should investors ignore Sydney’s growth and invest regionally?
The Sydney property market is widely tipped to break its own record in 2020, but one property investor suggests greater value can be found o...
A survey of average capital gains or median home price increase in suburbs across the country shows that the NSW suburb obtained a 6.87% growth over a ten-year period. It ranks 748th on our list of suburbs that property investors should look into.
BOMADERRY, 2541 has a capital gain of -2.65% for the past year, which is lower than average compared to its 50.33% growth within a five-year period.
With the median home price in BOMADERRY sitting at $460,000, and the average rent at $375, property owners could potentially earn a 4.24% 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 Price | $460,000 | $330,000 |
| GROWTH REPORT | ||
| Median Quarterly | -1.92% | -1.2% |
| Median 12 month | -2.65% | -8.33% |
| Median 3 years | 24.32% | 14.98% |
| Median 5 years | 50.33% | 70.1% |
| 10 years average annual | 6.87% | 6.29% |
| Weekly media advert. rent | $375 | $310 |
| Time on Market | 113.3 days | 71.5 days |
| Gross Rental Yield Percent | 4.24% | 4.88% |
The Sydney property market is widely tipped to break its own record in 2020, but one property investor suggests greater value can be found o...
Where you want to be in 2030 might seem like a strange question to ask when we’ve just welcomed in 2020. ...
A relatively low level of medium density building approvals has highlighted the need for new options to be made available for certain sector...
Building a sustainable property doesn’t have to be an expensive investment for it to cost less in the long run, according to a builder. ...
The central bank is set to hold off on a rate cut in February following a stronger than expected bounce in the labour market, ANZ Research h...
Following a year of two halves, 2020 could be a strong one for property investors if they look at the data, an industry expert has suggested...
Get notifications in real-time for staying up to date with content that matters to you.