Investment property in Bulli has done well for investors when compared to the country as a whole over the last 12 months, with an increase in the median house price of 19.73%
While Bulli,2516 ranked number 363th in NSW for increase in median house value (annualised) increase, it is ranked 509th over the last 5 years.
Property investors looking for a bargain in Bulli should be aiming for at least -2.98% off the asking price, which is the average vendor discount being achieved at the moment.
A $595 per week rent on the median house gives suburb investors a gross yield of circa 3.47%, without taking into account capital value appreciation, which has been averaging out at 5.86%.
Investment property in Bulli has done well for investors when compared to the country as a whole over the last 12 months, with an increase in the median house price of 24.59%
The five-year average increase in median property values for Bulli,2516 has given property investors a potential capital gain of 49.02% across each of those five years.
Bulli, 2516 is offering NSW ‘s 115th most discounted properties when looking at the average discount being offered by vendors. This puts it in the TOP 30% of discounts offered by this NSW.
In the last year 17 properties changed hands in Bulli, which puts it as the 482th most active market in NSW when comparing the number of sales per suburb.