Stability paving the way for property market gains
The housing market’s continual strength cannot be discounted despite the national property market’s recent dive to its largest value lo...
Property investors enjoyed capital gains of 11.28% over the last 12 months in SOUTH BOWENFELS, translating to lower returns compared with its peers in NSW.
Figures from the previous quarter show that capital gains for real estate buyers in SOUTH BOWENFELS are low, as opposed to average gains per annum over the past five years.
The suburb posted a 50.12% growth in median prices over a three-year period. This is considerably higher than the gains it recorded over the past year.
On average, rents on listings have reached the N/A mark, reflecting a 0% increase in returns based on the current median price in SOUTH BOWENFELS.
SOUTH BOWENFELS, 2790 ranks 223rd in NSW in terms of median property value increase and capital gains, based on year-to-date figures.
While it ranks 1247th on the list of best yielding suburbs for rental properties in NSW, posting a 0% return.
|KEY PROPERTY DATA REPORT||HOUSE||UNIT|
|Median 12 month||11.28%||N/A|
|Median 3 years||50.12%||N/A|
|Median 5 years||44.1%||N/A|
|10 years average annual||6.6%||N/A|
|Weekly media advert. rent||N/A||N/A|
|Time on Market||113.7 days||N/A|
|Gross Rental Yield Percent||N/A||N/A|
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