NSW has seen average median house prices change by 7.15% which means that Bowral, 2576 has done well for property investors by showing a capital gain of 12.55% over the last year
Bowral,2576 has offered an average of 12.55% return per annum in house price rises to property investors over the last three years.
Sellers are offering property buyers an average discount of -4.77% to buyers in Bowral at the moment, which is less than average for the rest of NSW.
A $550 per week rent on the median house gives suburb investors a gross yield of circa 3.50%, without taking into account capital value appreciation, which has been averaging out at 5.27%.
At number 566th in the list of Australian suburbs ordered by increase in median house value over the last year, Bowral, 2576 is in the top 40% with a property value increase of 6.90% recorded in median house prices.
Taking the average capital gain, or increase in median house value, Bowral,2576 has racked up an average of 6.90% over the period. This ranks it number 262th in the whole country for real estate investors looking at median house price increases.
Property investors looking for a bargain in Bowral should be aiming for at least -3.15% off the asking price, which is the average vendor discount being achieved at the moment.
Residents and property investors in Bowral have been waiting around 68.9 days to sell a property.
With the median price for a house in Bowral being $620000 and the advertised rent reaching $410 the gross rental yield for property investors calculates out to be 3.44%