Advantages of a buyer’s agent in a challenging market
As the property market continues to show strong growth due to undersupply, low credit and a strong case of FOMO, it is becoming tougher for ...
The suburb’s capital gain of -10.89% for the past year is lower than average compared to its 46.34% growth within a five-year period.
Also in BOWRAL, the median home price is sitting at $900,000, and the average rent at $600, this suggests property owners could potentially earn a 3.47% increase in gross rental yield.
Property investors have seen a -2.17% drop in BOWRAL based on a decrease in median home prices for the past three months.
A survey of average capital gains or median home price increase in suburbs across the country shows that this suburb obtained a 7.57% growth over a ten-year period. It ranks 390th on our list of suburbs that property investors should look into.
| KEY PROPERTY DATA REPORT | HOUSE | UNIT |
|---|---|---|
| Median Price | $900,000 | $650,000 |
| GROWTH REPORT | ||
| Median Quarterly | -2.17% | -4.94% |
| Median 12 month | -10.89% | -12.75% |
| Median 3 years | 12.5% | 1.56% |
| Median 5 years | 46.34% | 30.26% |
| 10 years average annual | 7.57% | 5.73% |
| Weekly media advert. rent | $600 | $450 |
| Time on Market | 121.4 days | 110.6 days |
| Gross Rental Yield Percent | 3.47% | 3.6% |
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