Investment property in Botany has done well for investors when compared to the country as a whole over the last 12 months, with an increase in the median house price of 16.51%
The five-year average increase in median property values for Botany,2019 has given property investors a potential capital gain of 79.63% across each of those five years.
Property investors looking for a bargain in Botany should be aiming for at least -4.81% off the asking price, which is the average vendor discount being achieved at the moment.
Property value increases in Botany have tracked close to the NSW average of 6.96% over the last 12 months.
Comparing Botany,2019 ‘s 5year and quarterly average capital gain offered to property investors, it performed less well across the longer period
When looking to buy, or assessing what properties are really achieving at sale, it's essential for property investors to take into account what discounts are being offered in Botany, 2019. Typically our figures indicate that -3.07% is being offered, which puts this NSW suburb at 1272th most discounted overall in Australia.
Situated 5.64km from the CBD, Botany is one of Botany Bay localities in the postcode 2019.