Investment property in Bomaderry 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 12.86%
Data for the last quarter indicates that, in the short term at least, the capital value growth rate for property investors in Bomaderry has increased when compared to the 5 year average annual rate.
The most recent median price for Bomaderry is $395000, with sellers offering an average of -3.31% off the asking price.
Often selling an investment property can take time, and in Bomaderry the average time real estate has been on the market is 65.35 days.
At number 63th in the list of Australian suburbs ordered by increase in median house value over the last year, Bomaderry, 2541 is in the top 10% with a property value increase of 24.78% recorded in median house prices.
Comparing Bomaderry,2541 ‘s 5year and quarterly average capital gain offered to property investors, it performed less well across the longer period
Vendor discounting in Bomaderry is giving property investors an average Vendor Discount of around -2.21%. This puts suburb at number 437th in NSW when ranking the most discounted suburbs.
On average over the past year, suburb has had 3.17 sales per month, which equates to 38 per year.
With the median price for a house in Bomaderry being $287000 and the advertised rent reaching $275 the gross rental yield for property investors calculates out to be 4.98%