Property investors enjoyed capital gains of 23.91% over the last 12 months in BOURKE, translating to lower returns compared with its peers in NSW.
This number can mean, real estate investors could earn a rental income of $270 based on current median home prices for the suburb.
On average, rents on listings have reached the $270 mark, reflecting a 9.85% increase in returns based on the current median price in BOURKE.
BOURKE, 2840 ranks 148th in NSW in terms of median property value increase and capital gains, based on year-to-date figures.
While it ranks 8th on the list of best yielding suburbs for rental properties in NSW, posting a 9.85% return.
|KEY PROPERTY DATA REPORT||HOUSE||UNIT|
|Median 12 month||23.91%||N/A|
|Median 3 years||-16.18%||N/A|
|Median 5 years||29.55%||N/A|
|10 years average annual||8.17%||N/A|
|Weekly media advert. rent||$270||N/A|
|Time on Market||156.0 days||N/A|
|Gross Rental Yield Percent||9.85%||N/A|