If you compare the increase in value of investment property in Botany, 2019 to the rest of Australia, it performed around average. The median increase in value, or capital gain property investors experienced for this NSW suburb was 8.64%.
If we look at median property appreciation over just the last three months, Botany has given property investors a paper return of 7.49%. This puts Suburb as 148 on a list of fastest fasting appreciating suburbs in NSW
When looking to buy, or assessing what properties are really achieving at sale, it's essential for property investors to take into account what discounts are being offered in Botany, 2019. Typically our figures indicate that -6.93% is being offered, which puts this NSW suburb at 1023th most discounted overall in Australia.
Residents and property investors in Botany have been waiting around 74.45 days to sell a property.
With the median price for a house in Botany being $1521000 and the advertised rent reaching $750 the gross rental yield for property investors calculates out to be 2.56%
With a capital gain of 1.72% for the last 12 months, Botany, 2019 has performed for property investments than its average annual 6.01% property growth over the last 5 years.
Botany,2019 has offered an average of 1.72% return per annum in house price rises to property investors over the last three years.
LACK OF BUYER INTEREST may well be the reason that Botany is offering property investors an average of -4.27. This rate of discount on properties puts Suburb at number 350th in terms of most discounted suburbs in NSW
Botany is 262th on a list of best yielding suburbs for rents in NSW with a 4.07% return