With a capital gain of -27.87% for the last 12 months, Boomerang Beach, 2428 has performed for property investments than its average annual -12.45% property growth over the last 5 years.
If we look at median property appreciation over just the last three months, Boomerang Beach has given property investors a paper return of -12.87%. This puts Suburb as 1392 on a list of fastest fasting appreciating suburbs in NSW
Situated 210.00km from the CBD, Boomerang Beach is one of Great Lakes localities in the postcode 2428.
If you compare the increase in value of investment property in Boomerang Beach, 2428 to the rest of Australia, it performed around average. The median increase in value, or capital gain property investors experienced for this NSW suburb was 4.11%.
While Boomerang Beach,2428 ranked number 189th in NSW for increase in median house value (annualised) increase, it is ranked 494th over the last 5 years.
At number 133th of NSW’s most discounted properties, Boomerang Beach is in the bottom 30% of the state/territory when listing in order of most discounted to least.
In the last year 27 properties changed hands in Boomerang Beach, which puts it as the 401th most active market in NSW when comparing the number of sales per suburb.