Booker Bay has had a very poor year for property investment returns compared to the rest of NSW, giving investors a capital gain of -3.40% to date .
Data for the last quarter indicates that, in the short term at least, the capital value growth rate for property investors in Booker Bay has increased when compared to the 5 year average annual rate.
LACK OF BUYER INTEREST may well be the reason that Booker Bay is offering property investors an average of -5.28. This rate of discount on properties puts Suburb at number 422th in terms of most discounted suburbs in NSW
The NSW suburb of Booker Bay, 2257 is in the Gosford local government area.
With a capital gain of 22.16% for the last 12 months, Booker Bay, 2257 has performed for property investments than its average annual 7.13% property growth over the last 5 years.
A 61.22% growth in median value for property investors in Booker Bay,2257 puts this suburb at number 107th in terms of best performing suburbs in NSW
The most recent median price for Booker Bay is $592500, with sellers offering an average of -5.53% off the asking price.
At number 817 in a list of fastest selling suburbs, Booker Bay is just in the bottom half of suburbs in Australia with an average of days on market 79.45 for properties listed there.
Situated 37.21km from the CBD, Booker Bay is one of Gosford localities in the postcode 2257.