Property value increases in Bolton Point have tracked higher than the NSW average of 10.13% over the last 12 months.
A 58.88% growth in median value for property investors in Bolton Point,2283 puts this suburb at number 157th in terms of best performing suburbs in NSW
Vendor discounting in Bolton Point is giving property investors an average Vendor Discount of around -3.27%. This puts suburb at number 1050th in NSW when ranking the most discounted suburbs.
Renters in Suburb are facing rents around $4440 per annum or $370 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