Booker Bay, 2257 ranked 603th in NSW when comparing growth in median property values or capital gain over the last 12 months. Booker Bay is one of 3163 in our list for NSW
When looking at the potential capital gains offered to property investors over the last 3 years, Booker Bay comes in at number 338th in NSW.
State is the 7th most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -5.49% offered to property buyers. Sellers in Booker Bay itself are offering an average vendor discount of -4.79% to real estate investors.
At number 790 in a list of fastest selling suburbs, Booker Bay is in the TOP 30% of suburbs in Australia with an average of days on market 57.88 for properties listed there.
Property investors should expect to get $390 weekly from the median priced house in this suburb.
Over the last year, property investments in Booker Bay, 2257 have given investors a capital gain of 4.33%. This compares averagely with the 5.41% for NSW as a whole.
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.
Sellers are offering property buyers an average discount of -7.01% to buyers in Booker Bay at the moment, which is less than average for the rest of NSW.
Using the current median advertised rental of $390 and the average annual increase in value of a median property of 3.60%, investors should hope to achieve an overall return of 4.01%