NSW has seen average median house prices change by 11.06% which means that Bolton Point, 2283 has done well for property investors by showing a capital gain of 12.08% over the last year
Bolton Point,2283 has offered an average of 12.08% return per annum in house price rises to property investors over the last three years.
State is the 7th most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -5.22% offered to property buyers. Sellers in Bolton Point itself are offering an average vendor discount of -3.37% to real estate investors.
Renters in Suburb are facing rents around $4380 per annum or $365 every week.
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