Over the last year, property investments in Bowral, 2576 have given investors a capital gain of 15.82%. This compares favourably with the 9.74% for NSW as a whole.
Bowral,2576 was ranked 1999 in Australia by increase in median property value over the quarter.
Property buyers and investors in Bowral 2576 should be seeing an average reduction in asking price of around -4.70% . This means that Bowral is holding prices well when compared to other suburbs in NSW.
A $595 per week rent on the median house gives suburb investors a gross yield of circa 3.38%, without taking into account capital value appreciation, which has been averaging out at 6.95%.
With a capital gain of -13.46% for the last 12 months, Bowral, 2576 has performed for property investments than its average annual 4.04% property growth over the last 5 years.
The five-year average increase in median property values for Bowral,2576 has given property investors a potential capital gain of 47.06% across each of those five years.
LACK OF BUYER INTEREST may well be the reason that Bowral is offering property investors an average of -4.23. This rate of discount on properties puts Suburb at number 407th in terms of most discounted suburbs in NSW
Residents and property investors in Bowral have been waiting around 66.72 days to sell a property.
Renters in Suburb are facing rents around $5400 per annum or $450 every week.