At number 2499th in the list of Australian suburbs ordered by increase in median house value over the last year, Bossley Park, 2176 is in the BOTTOM 40% with a property value increase of 2.18% recorded in median house prices.
When looking at the potential capital gains offered to property investors over the last 3 years, Bossley Park comes in at number 585th in NSW.
LACK OF BUYER INTEREST may well be the reason that Bossley Park is offering property investors an average of -5.53. This rate of discount on properties puts Suburb at number 380th in terms of most discounted suburbs in NSW
In the last year 129 properties changed hands in Bossley Park, which puts it as the 169th most active market in NSW when comparing the number of sales per suburb.
A $480 per week rent on the median house gives suburb investors a gross yield of circa 3.32%, without taking into account capital value appreciation, which has been averaging out at 7.47%.
Investment property in Bossley Park has done not badly for investors when compared to the country as a whole over the last 12 months, with an increase in the median house price of 8.66%
Across a shorter period, Bossley Park, 2176 has seen a median price increase of 4.02% over the last quarter.
The most recent median price for Bossley Park is $608500, with sellers offering an average of -5.83% off the asking price.