Giving property investors a an unimpressive capital gain of 2.64% for the last year, Barooga, 3644 is the 2642th highest performer in Australia in this respect.
Over the longer term, Barooga has seen property prices show investors a 5.84% return over the last 3 years. This is worse than over the last 12 months
Property investors looking for a bargain in Barooga should be aiming for at least -6.12% off the asking price, which is the average vendor discount being achieved at the moment.
A $290 per week rent on the median house gives suburb investors a gross yield of circa 5.54%, without taking into account capital value appreciation, which has been averaging out at 2.82%.