The Seasonal Slowdown Is Already Over: Auctions Are Back For 2022
The property market has had an earlier than usual jumpstart in January 2022. ...
Based on its average 5-year and quarterly capital gains, the suburb saw average growth in the long term.
The suburb also delivered a weaker performance in contrast to other Australian suburbs in terms of appreciation of property value. Investors saw the median home price rise to $370,000.
The upward trend in home prices in BOOROWA, 2586 averaged 15.03% per annum over a 3-year period.
Average weekly rents on listings have reached the $330 mark, reflecting a 4.64% increase in returns based on the current median price in BOOROWA.
An average of 4.42 real estate transactions take place per month in BOOROWA which translates to 53 per annum.
53 properties were sold in BOOROWA in 2016, making it the 370th most active market in NSW based on total real estate transactions.
BOOROWA, 2586 places 810th in Australia based on median property value growth during the quarter.
|KEY PROPERTY DATA REPORT||HOUSE||UNIT|
|Median 12 month||25.85%||N/A|
|Median 3 years||45.1%||N/A|
|Median 5 years||51.64%||N/A|
|10 years average annual||6.85%||N/A|
|Weekly media advert. rent||$330||N/A|
|Time on Market||107.5 days||N/A|
|Gross Rental Yield Percent||4.64%||N/A|