Investment property in Bowral 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 14.39%
A 44.55% growth in median value for property investors in Bowral,2576 puts this suburb at number 430th in terms of best performing suburbs in NSW
At number 740th of NSW’s most discounted properties, Bowral is in the TOP 40% of the state/territory when listing in order of most discounted to least.
Residents and property investors in Bowral have been waiting around 64.69 days to sell a property.
Renters in Suburb are facing rents around $6600 per annum or $550 every week.
At number 327th in the list of Australian suburbs ordered by increase in median house value over the last year, Bowral, 2576 is in the top 20% with a property value increase of 12.61% recorded in median house prices.
Data for the last quarter indicates that, in the short term at least, the capital value growth rate for property investors in Bowral has increased when compared to the 5 year average annual rate.
Property buyers and investors in Bowral 2576 should be seeing an average reduction in asking price of around -3.77% . This means that Bowral is holding prices well when compared to other suburbs in NSW.
In the last year 115 properties changed hands in Bowral, which puts it as the 120th most active market in NSW when comparing the number of sales per suburb.
With the median price for a house in Bowral being $625000 and the advertised rent reaching $420 the gross rental yield for property investors calculates out to be 3.49%