Property value increases in Bolton Point have tracked just higher than the NSW average of -0.66% over the last 12 months.
Across a shorter period, Bolton Point, 2283 has seen a median price increase of -16.18% over the last quarter.
The most recent median price for Bolton Point is $505000, with sellers offering an average of -5.23% off the asking price.
Bolton Point is 340th on a list of best yielding suburbs for rents in NSW with a 4.22% return
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Lakeside suburb coasts steadily on consistent growth
Median house price: $355,000
Three-year growth: 36.54%
Rental yield: 5.13%
Near the banks of Lake Macquarie, the suburb of Bolton Point is getting a lot of attention due to its low prices, steady growth and significant returns for investors.
Following a whopping price increase of over 22%, house values climbed to a median of just over $350,000. Vendors don’t even have to lower their asking prices by much to close a sale – the average discount rate is only 3.12%. This follows a five-year period of strong performances for this suburb. Hence, this is definitely a market that’s ripe for investment, especially given the high yield of 5.13%.
Bolton Point’s position near the lake ensures that residents have easy access to fun recreational activities like sailing and kayaking. The suburb also has a preschool and childcare centre. Northern neighbour Woodrising is home to a supermarket as well.