Property investors who have had real estate in Bourke, 2840 should be relatively pleased with this NSW suburb’s performance compared to the rest of the country. Over the last year it has seen median house prices increase in value by 9.62%
The five-year average increase in median property values for Bourke,2840 has given property investors a potential capital gain of 67.65% across each of those five years.
State is the 5th most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -5.97% offered to property buyers. Sellers in Bourke itself are offering an average vendor discount of -10.45% to real estate investors.
At number 3018 in a list of fastest selling suburbs, Bourke is in the bottom 20% of suburbs in Australia with an average of days on market 127 for properties listed there.