With a capital gain of 15.73% for the last 12 months, Bonnyrigg Heights, 2177 has performed for property investments than its average annual 7.43% property growth over the last 5 years.
Bonnyrigg Heights,2177 was ranked 1295 in Australia by increase in median property value over the quarter.
State is the 7th most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -5.52% offered to property buyers. Sellers in Bonnyrigg Heights itself are offering an average vendor discount of -5.88% to real estate investors.
On average over the past year, suburb has had 3.58 sales per month, which equates to 43 per year.
A $480 per week rent on the median house gives suburb investors a gross yield of circa 3.26%, without taking into account capital value appreciation, which has been averaging out at 7.43%.