Investment property in Bonnet Bay has done pretty poorly for investors when compared to the country as a whole over the last 12 months, with an increase in the median house price of 2.34%
Taking the average capital gain, or increase in median house value, Bonnet Bay,2226 has racked up an average of 2.34% over the period. This ranks it number 954th in the whole country for real estate investors looking at median house price increases.
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 Bonnet Bay itself are offering an average vendor discount of -3.63% to real estate investors.
A $720 per week rent on the median house gives suburb investors a gross yield of circa 3.81%, without taking into account capital value appreciation, which has been averaging out at 4.61%.