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 17.00%
If we look at median property appreciation over just the last three months, Bowral has given property investors a paper return of 7.67%. This puts Suburb as 170 on a list of fastest fasting appreciating suburbs in NSW
Property investors looking for a bargain in Bowral should be aiming for at least -4.76% off the asking price, which is the average vendor discount being achieved at the moment.
Property investors should expect to get $585 weekly from the median priced house in this suburb.
Bowral has had a very poor year for property investment returns compared to the rest of NSW, giving investors a capital gain of -4.53% to date .
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.
When looking to buy, or assessing what properties are really achieving at sale, it's essential for property investors to take into account what discounts are being offered in Bowral, 2576. Typically our figures indicate that -3.62% is being offered, which puts this NSW suburb at 1194th most discounted overall in Australia.
Using the current median advertised rental of $410 and the average annual increase in value of a median property of 3.28%, investors should hope to achieve an overall return of 3.68%