With a capital gain of 27.92% for the last 12 months, Bolton Point, 2283 has performed for property investments than its average annual 4.92% property growth over the last 5 years.
While Bolton Point,2283 ranked number 233th in NSW for increase in median house value (annualised) increase, it is ranked 587th over the last 5 years.
At number 1098th of NSW’s most discounted properties, Bolton Point is in the TOP 10% of the state/territory when listing in order of most discounted to least.
Often selling an investment property can take time, and in Bolton Point the average time real estate has been on the market is 48.12 days.
Near the banks of Lake Macquarie, the suburb of Bolton Point is getting a lot of attention due to its low prices, steady growth and significant returns for investors.Following a whopping price increase of over 22%, house values climbed to a median of just over $350,000.Full summary
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Lakeside suburb coasts steadily on consistent growth
Median house price: $355,000
Three-year growth: 36.54%
Rental yield: 5.13%
Near the banks of Lake Macquarie, the suburb of Bolton Point is getting a lot of attention due to its low prices, steady growth and significant returns for investors.
Following a whopping price increase of over 22%, house values climbed to a median of just over $350,000. Vendors don’t even have to lower their asking prices by much to close a sale – the average discount rate is only 3.12%. This follows a five-year period of strong performances for this suburb. Hence, this is definitely a market that’s ripe for investment, especially given the high yield of 5.13%.
Bolton Point’s position near the lake ensures that residents have easy access to fun recreational activities like sailing and kayaking. The suburb also has a preschool and childcare centre. Northern neighbour Woodrising is home to a supermarket as well.Close