Boronia is an average performer in VIC when comparing median price capital growth over the last year. Boronia gave property investors a average capital gain figure when compared to the rest of the state, with 9.09%.
Across a shorter period, Boronia, 3155 has seen a median price increase of 0.02% over the last quarter.
Vendor discounting in Boronia is giving property investors an average Vendor Discount of around -6.85%. This puts suburb at number 166th in VIC when ranking the most discounted suburbs.
In the last year 284 properties changed hands in Boronia, which puts it as the 64th most active market in VIC when comparing the number of sales per suburb.
With the median price for a house in Boronia being $600000 and the advertised rent reaching $370 the gross rental yield for property investors calculates out to be 3.21%
With a capital gain of 8.43% for the last 12 months, Boronia, 3155 has performed for property investments than its average annual 6.26% property growth over the last 5 years.
The five-year average increase in median property values for Boronia,3155 has given property investors a potential capital gain of 20.64% across each of those five years.
Sellers are offering property buyers an average discount of -3.21% to buyers in Boronia at the moment, which is less than average for the rest of VIC.
A $350 per week rent on the median house gives suburb investors a gross yield of circa 4.04%, without taking into account capital value appreciation, which has been averaging out at 6.26%.