NSW has seen average median house prices change by 7.15% which means that Botany, 2019 has done well for property investors by showing a capital gain of 14.83% over the last year
The five-year average increase in median property values for Botany,2019 has given property investors a potential capital gain of 67.15% across each of those five years.
Renters in Suburb are facing rents around $8400 per annum or $700 every week.
Botany is an average performer in NSW when comparing median price capital growth over the last year. Botany gave property investors a average capital gain figure when compared to the rest of the state, with 4.59%.
If we look at median property appreciation over just the last three months, Botany has given property investors a paper return of 0.94%. This puts Suburb as 246 on a list of fastest fasting appreciating suburbs in NSW
LACK OF BUYER INTEREST may well be the reason that Botany is offering property investors an average of -4.48. This rate of discount on properties puts Suburb at number 354th in terms of most discounted suburbs in NSW
At number 250 in a list of fastest selling suburbs, Botany is in the TOP 20% of suburbs in Australia with an average of days on market 50.36 for properties listed there.
Property investors should expect to get $620 weekly from the median priced house in this suburb.