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8 MIN READProperty Market Update: Melbourne, September 2021
Melbourne’s property market kept the ball rolling in September as the city’s dwelling values rose once more during t...
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BullaburraBullaburra - SUBURB PROFILE REPORT
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Based on its average 5-year and quarterly capital gains BULLABURRA, 2784 saw average growth in the long term.
A survey of average capital gains or median home price increase in suburbs across the country shows that BULLABURRA, 2784 obtained a 8.28% growth over a ten-year period. It ranks 415th on our list of suburbs that property investors should look into.
BULLABURRA, 2784 in NSW belongs to the local government area of Blue Mountains (C).
BULLABURRA, 2784 has a capital gain of 16.36% for the past year, which is higher than average compared to its 41.06% growth within a five-year period.
With the median home price in BULLABURRA sitting at $654,500, and the average rent at $450, property owners could potentially earn a 3.58% increase in gross rental yield.
Figures from the previous quarter show that capital gains for real estate buyers in BULLABURRA are high, as opposed to average gains per annum over the past five years.
| KEY PROPERTY DATA REPORT | HOUSE | UNIT |
|---|---|---|
| Median Price | $654,500 | N/A |
| GROWTH REPORT | ||
| Median Quarterly | 10.46% | N/A |
| Median 12 month | 16.36% | N/A |
| Median 3 years | 16.25% | N/A |
| Median 5 years | 41.06% | N/A |
| 10 years average annual | 8.28% | N/A |
| Weekly media advert. rent | $450 | N/A |
| Time on Market | 65.4 days | N/A |
| Gross Rental Yield Percent | 3.58% | N/A |
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