If you compare the increase in value of investment property in Boolaroo, 2284 to the rest of Australia, it performed very well. The median increase in value, or capital gain property investors experienced for this NSW suburb was 16.28%.
Boolaroo,2284 was ranked 1272 in Australia by increase in median property value over the quarter.
When looking to buy, or assessing what properties are really achieving at sale, it's essential for property investors to take into account what discounts are being offered in Boolaroo, 2284. Typically our figures indicate that -6.50% is being offered, which puts this NSW suburb at 1449th most discounted overall in Australia.
Often selling an investment property can take time, and in Boolaroo the average time real estate has been on the market is 40.78 days.
A $380 per week rent on the median house gives suburb investors a gross yield of circa 4.39%, without taking into account capital value appreciation, which has been averaging out at 6.32%.