The Pros And Cons Of Off-market Property Sales
What are the pros and cons of off-market property sales? We discuss how this selling approach works and delve into the p...
A steady increase in median property prices over a five-year period in the suburb translates to a 42.5% capital gain.
It 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 $285,000
The augmented property values in the suburb are trailing behind the territorial average of 18.67% in 2016.
Home owners selling their properties and realtors in BOMBALA usually have to wait an average of 122.8 days days before their assets are lifted off the market.
The NSW suburb ranks 1205th on the list of best yielding suburbs for rental properties in NSW, posting a 0% return.
It also places places 1282nd in Australia based on median property value growth during the quarter.
|KEY PROPERTY DATA REPORT||HOUSE||UNIT|
|Median 12 month||3.64%||N/A|
|Median 3 years||42.5%||N/A|
|Median 5 years||79.81%||N/A|
|10 years average annual||5.92%||N/A|
|Weekly media advert. rent||N/A||N/A|
|Time on Market||122.8 days||N/A|
|Gross Rental Yield Percent||N/A||N/A|