Bowral, 2576 ranked 357th in NSW when comparing growth in median property values or capital gain over the last 12 months. Bowral is one of 3163 in our list for NSW
Comparing Bowral,2576 ‘s 5year and quarterly average capital gain offered to property investors, it performed less well across the longer period
Bowral2576 is located in NSW which offers an average discount of -5.28% to property investors. Bowral itself is showing figures that indicate -4.70% is the average achievable by property buyers investing in the suburb.
At number 985 in a list of fastest selling suburbs, Bowral is in the TOP 30% of suburbs in Australia with an average of days on market 57.22 for properties listed there.
Using the current median advertised rental of $595 and the average annual increase in value of a median property of 6.98%, investors should hope to achieve an overall return of 3.36%
Investment property in Bowral has done poorly for investors when compared to the country as a whole over the last 12 months, with an increase in the median house price of -18.15%
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.
LACK OF BUYER INTEREST may well be the reason that Bowral is offering property investors an average of -4.16. This rate of discount on properties puts Suburb at number 441th in terms of most discounted suburbs in NSW
In the last year 85 properties changed hands in Bowral, which puts it as the 188th most active market in NSW when comparing the number of sales per suburb.
With the median price for a house in Bowral being $530000 and the advertised rent reaching $465 the gross rental yield for property investors calculates out to be 4.56%