Property value increases in Botany have tracked higher than the NSW average of 7.28% over the last 12 months.
The five-year average increase in median property values for Botany,2019 has given property investors a potential capital gain of 75.00% across each of those five years.
Property buyers and investors in Botany 2019 should be seeing an average reduction in asking price of around -4.81% . This means that Botany is holding prices well when compared to other suburbs in NSW.
With the median price for a house in Botany being $1400000 and the advertised rent reaching $725 the gross rental yield for property investors calculates out to be 2.69%
Over the last year, property investments in Botany, 2019 have given investors a capital gain of 3.70%. This compares averagely with the 5.73% for NSW as a whole.
Over the longer term, Botany has seen property prices show investors a 32.42% return over the last 3 years. This is worse than over the last 12 months
Botany, 2019 is offering NSW ‘s 387th most discounted properties when looking at the average discount being offered by vendors. This puts it in the bottom 20% of discounts offered by this NSW.
With the median price for a house in Botany being $814375 and the advertised rent reaching $600 the gross rental yield for property investors calculates out to be 3.83%