Property value increases in Bomaderry have tracked close to the NSW average of 8.99% over the last 12 months.
Bomaderry,2541 was ranked 450 in Australia by increase in median property value over the quarter.
Property buyers and investors in Bomaderry 2541 should be seeing an average reduction in asking price of around -4.00% . This means that Bomaderry is holding prices well when compared to other suburbs in NSW.
Advertised rents are around the $330 mark per week – giving a return of 4.64% based on the median price in Suburb
If you compare the increase in value of investment property in Bomaderry, 2541 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 24.00%.
The five-year average increase in median property values for Bomaderry,2541 has given property investors a potential capital gain of 29.77% across each of those five years.
Vendor discounting in Bomaderry is giving property investors an average Vendor Discount of around -1.98%. This puts suburb at number 439th in NSW when ranking the most discounted suburbs.
Residents and property investors in Bomaderry have been waiting around 60.65 days to sell a property.
A $275 per week rent on the median house gives suburb investors a gross yield of circa 5.13%, without taking into account capital value appreciation, which has been averaging out at 6.03%.