NSW has seen average median house prices change by 8.99% which means that Bossley Park, 2176 has done well for property investors by showing a capital gain of 8.86% over the last year
Bossley Park,2176 was ranked 2837 in Australia by increase in median property value over the quarter.
Sellers are offering property buyers an average discount of -6.52% to buyers in Bossley Park at the moment, which is less than average for the rest of NSW.
At number 1881 in a list of fastest selling suburbs, Bossley Park is just in the bottom half of suburbs in Australia with an average of days on market 78.95 for properties listed there.
A $475 per week rent on the median house gives suburb investors a gross yield of circa 3.24%, without taking into account capital value appreciation, which has been averaging out at 7.46%.
Property value increases in Bossley Park have tracked just higher than the NSW average of 8.14% over the last 12 months.
Across a shorter period, Bossley Park, 2176 has seen a median price increase of 4.02% over the last quarter.
Property investors looking for a bargain in Bossley Park should be aiming for at least -5.83% off the asking price, which is the average vendor discount being achieved at the moment.