Investment property in Boronia has done not badly for investors when compared to the country as a whole over the last 12 months, with an increase in the median house price of 13.33%
If we look at median property appreciation over just the last three months, Boronia has given property investors a paper return of 4.62%. This puts Suburb as 191 on a list of fastest fasting appreciating suburbs in VIC
Property buyers and investors in Boronia 3155 should be seeing an average reduction in asking price of around -4.62% . This means that Boronia is holding prices well when compared to other suburbs in VIC.
Boronia has had a pretty good year for property investment returns compared to the rest of VIC, giving investors a capital gain of 11.37% to date .
Boronia,3155 was ranked 659 in Australia by increase in median property value over the quarter.
Sellers are offering property buyers an average discount of -2.85% to buyers in Boronia at the moment, which is less than average for the rest of VIC.
Advertised rents are around the $350 mark per week – giving a return of 3.64% based on the median price in Suburb