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The suburb’s capital gain of -9.9% for the past year is lower than average compared to its 46.77% growth within a five-year period.
Also in BOWRAL, the median home price is sitting at $910,000, and the average rent at $600, this suggests property owners could potentially earn a 3.43% increase in gross rental yield.
Property investors have seen a -0.55% 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 7.66% growth over a ten-year period. It ranks 346th on our list of suburbs that property investors should look into.
|KEY PROPERTY DATA REPORT||HOUSE||UNIT|
|Median 12 month||-9.9%||-14.05%|
|Median 3 years||11.66%||2.36%|
|Median 5 years||46.77%||30.31%|
|10 years average annual||7.66%||5.32%|
|Weekly media advert. rent||$600||$455|
|Time on Market||127.1 days||114.4 days|
|Gross Rental Yield Percent||3.43%||3.64%|
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