Boosting Housing Supply Critical To Warding Off Further Price Growth: NAB
NAB’s Ross McEwan fronted the economics committee on Friday and called on the government to enact “decisive moves”...
The suburb’s capital gain of 19.79% for the past year is higher than average compared to its 55.14% growth within a five-year period.
Also in BOWRAL, the median home price is sitting at $1,150,000, and the average rent at $620, this suggests property owners could potentially earn a 2.8% increase in gross rental yield.
Property investors have seen a 3.6% gain in BOWRAL based on an increase 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 19.79%.
A survey of average capital gains or median home price increase in suburbs across the country shows that this suburb obtained a 7.85% growth over a ten-year period. It ranks 265th on our list of suburbs that property investors should look into.
|KEY PROPERTY DATA REPORT||HOUSE||UNIT|
|Median 12 month||19.79%||4.98%|
|Median 3 years||23.66%||-4.6%|
|Median 5 years||55.14%||9.37%|
|10 years average annual||7.85%||5.28%|
|Weekly media advert. rent||$620||$420|
|Time on Market||81.5 days||134.4 days|
|Gross Rental Yield Percent||2.8%||3.34%|