Online shopping surge breathes new life into mundane commercial property
The online shopping surge born out of the COVID-19 pandemic has breathed new life into a considerably mundane type of commercial property, a...
The suburb’s capital gain of 20% for the past year is higher than average compared to its 51.54% growth within a five-year period.
Also in BOWRAL, the median home price is sitting at $1,110,000, and the average rent at $580, this suggests property owners could potentially earn a 2.72% increase in gross rental yield.
Property investors have seen a -0.89% drop in BOWRAL based on a decrease in median home prices for the past three months.
They believe that homeowners and real estate investors betting on BOWRAL, 2576 can rest assured about this NSW suburb's performance. The suburb saw median home prices rise by 20%.
A survey of average capital gains or median home price increase in suburbs across the country shows that this suburb obtained a 7.47% growth over a ten-year period. It ranks 345th on our list of suburbs that property investors should look into.
| KEY PROPERTY DATA REPORT | HOUSE | UNIT |
|---|---|---|
| Median Price | $1,110,000 | $657,500 |
| GROWTH REPORT | ||
| Median Quarterly | -0.89% | 1.15% |
| Median 12 month | 20% | 1.15% |
| Median 3 years | 19.61% | -5.4% |
| Median 5 years | 51.54% | 15.35% |
| 10 years average annual | 7.47% | 5.56% |
| Weekly media advert. rent | $580 | $422.5 |
| Time on Market | 89.3 days | 122.7 days |
| Gross Rental Yield Percent | 2.72% | 3.34% |
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