Over the last year, property investments in Botany, 2019 have given investors a capital gain of 14.85%. This compares favourably with the 10.55% for NSW as a whole.
Data for the last quarter indicates that, in the short term at least, the capital value growth rate for property investors in Botany has increased when compared to the 5 year average annual rate.
The most recent median price for Botany is $1450000, with sellers offering an average of -4.81% off the asking price.
Situated 8.65km from the CBD, Botany is one of Botany Bay localities in the postcode 2019.
With a capital gain of 7.38% for the last 12 months, Botany, 2019 has performed for property investments than its average annual 6.37% property growth over the last 5 years.
Over the longer term, Botany has seen property prices show investors a 33.18% return over the last 3 years. This is worse than over the last 12 months
Property investors looking for a bargain in Botany should be aiming for at least -1.97% off the asking price, which is the average vendor discount being achieved at the moment.
In the last year 195 properties changed hands in Botany, which puts it as the 66th most active market in NSW when comparing the number of sales per suburb.
Situated 7.33km from the CBD, Botany is one of Botany Bay localities in the postcode 2019.