Bolton Point is in the bottom 30% in NSW when comparing median price capital growth over the last year. Bolton Point gave property investors a disappointing capital gain figure when compared to the rest of the state, with -5.30%.
When looking at the potential capital gains offered to property investors over the last 3 years, Bolton Point comes in at number 175th in NSW.
At number 509th of NSW’s most discounted properties, Bolton Point is in the TOP 40% of the state/territory when listing in order of most discounted to least.
In the last year 35 properties changed hands in Bolton Point, which puts it as the 771th most active market in NSW when comparing the number of sales per suburb.
Advertised rents are around the $380 mark per week – giving a return of 4.13% based on the median price in Suburb
Information supplied by:
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.