Bourkelands has had a very poor year for property investment returns compared to the rest of NSW, giving investors a capital gain of -2.47% to date .
While Bourkelands,2650 ranked number 846th in NSW for increase in median house value (annualised) increase, it is ranked 1163th over the last 5 years.
State is the 7th most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -5.49% offered to property buyers. Sellers in Bourkelands itself are offering an average vendor discount of -3.81% to real estate investors.
Often selling an investment property can take time, and in Bourkelands the average time real estate has been on the market is 107.37 days.
Bourkelands, 2650’s gross rental yield is 5.13%