NSW has seen average median house prices change by 9.05% which means that Bulli, 2516 has done well for property investors by showing a capital gain of 26.25% over the last year
Bulli,2516 was ranked 654 in Australia by increase in median property value over the quarter.
Property investors looking for a bargain in Bulli should be aiming for at least -3.02% off the asking price, which is the average vendor discount being achieved at the moment.
Using the current median advertised rental of $600 and the average annual increase in value of a median property of 7.38%, investors should hope to achieve an overall return of 3.28%
Property investors who have had real estate in Bulli, 2516 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 26.41%
Bulli, 2516’s gross rental yield is 4.25%