Giving property investors a a poor capital gain of -15.28% for the last year, Buronga, 2739 is the 4002th highest performer in Australia in this respect.
Data for the last quarter indicates that, in the short term at least, the capital value growth rate for property investors in Buronga has increased when compared to the 5 year average annual rate.
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 Buronga itself are offering an average vendor discount of -6.97% to real estate investors.
At number 2295 in a list of fastest selling suburbs, Buronga is in the bottom 40% of suburbs in Australia with an average of days on market 91.88 for properties listed there.
Advertised rents are around the $260 mark per week – giving a return of 5.86% based on the median price in Suburb