Bourkelands is in the bottom 20% in NSW when comparing median price capital growth over the last year. Bourkelands gave property investors a dismal capital gain figure when compared to the rest of the state, with 0.26%.
The five-year average increase in median property values for Bourkelands,2650 has given property investors a potential capital gain of -0.76% across each of those five years.
LACK OF BUYER INTEREST may well be the reason that Bourkelands is offering property investors an average of -5.53. This rate of discount on properties puts Suburb at number 1018th in terms of most discounted suburbs in NSW
Often selling an investment property can take time, and in Bourkelands the average time real estate has been on the market is 83.85 days.
Advertised rents are around the $380 mark per week – giving a return of 5.07% based on the median price in Suburb