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...
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 $294,000.
The upward trend in home prices in BOOROWA, 2586 averaged 5.33% per annum over a 3-year period.
Average weekly rents on listings have reached the N/A mark, reflecting a 0% increase in returns based on the current median price in BOOROWA.
An average of 3.5 real estate transactions take place per month in BOOROWA which translates to 42 per annum.
42 properties were sold in BOOROWA in 2016, making it the 479th most active market in NSW based on total real estate transactions.
BOOROWA, 2586 places 95th in Australia based on median property value growth during the quarter.
| KEY PROPERTY DATA REPORT | HOUSE | UNIT |
|---|---|---|
| Median Price | $294,000 | N/A |
| GROWTH REPORT | ||
| Median Quarterly | 10.94% | N/A |
| Median 12 month | 1.38% | N/A |
| Median 3 years | 15.98% | N/A |
| Median 5 years | 33.64% | N/A |
| 10 years average annual | 5.09% | N/A |
| Weekly media advert. rent | N/A | N/A |
| Time on Market | 125.8 days | N/A |
| Gross Rental Yield Percent | N/A | N/A |
The online shopping surge born out of the COVID-19 pandemic has breathed new life into a considerably mundane type of commercial property, a...
Darwin’s rental market has emerged as the unlikely winner of 2020 following massive gains in the December quarter. ...
The total value of loan commitments for investor housing rose 6 per cent month-on-month to reach $5.6 billion in November last year, as the ...
Whether you’re a traveller or not, it’s most likely you’ve heard of Airbnb. The digital marketplace, which connects people who want to...
Having successfully shovelled millions into the local economy, the Northern Territory has extended its BuildBonus scheme to 31 March 2021, w...
Despite the headwinds of 2020, Victoria and Tasmania capped off the year with not one but two record months for home sales. ...
Get notifications in real-time for staying up to date with content that matters to you.
