Property investors who have had real estate in Bolton Point, 2283 should be pleased with this NSW suburb’s performance compared to the rest of the country. Over the last year it has seen median house prices increase in value by 29.87%
Over the longer term, Bolton Point has seen property prices show investors a 56.25% return over the last 3 years. This is worse than over the last 12 months
LACK OF BUYER INTEREST may well be the reason that Bolton Point is offering property investors an average of -5.45. This rate of discount on properties puts Suburb at number 1062th in terms of most discounted suburbs in NSW
With the median price for a house in Bolton Point being $400000 and the advertised rent reaching $355 the gross rental yield for property investors calculates out to be 4.61%
Near the banks of Lake Macquarie, the suburb of Bolton Point is getting a lot of attention due to its low prices, steady growth and significant returns for investors.Following a whopping price increase of over 22%, house values climbed to a median of just over $350,000.Full summary
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Lakeside suburb coasts steadily on consistent growth
Median house price: $355,000
Three-year growth: 36.54%
Rental yield: 5.13%
Near the banks of Lake Macquarie, the suburb of Bolton Point is getting a lot of attention due to its low prices, steady growth and significant returns for investors.
Following a whopping price increase of over 22%, house values climbed to a median of just over $350,000. Vendors don’t even have to lower their asking prices by much to close a sale – the average discount rate is only 3.12%. This follows a five-year period of strong performances for this suburb. Hence, this is definitely a market that’s ripe for investment, especially given the high yield of 5.13%.
Bolton Point’s position near the lake ensures that residents have easy access to fun recreational activities like sailing and kayaking. The suburb also has a preschool and childcare centre. Northern neighbour Woodrising is home to a supermarket as well.Close