Over the last year, property investments in Barooga, 3644 have given investors a capital gain of 2.22%. This compares very badly with the 11.67% for NSW as a whole.
The five-year average increase in median property values for Barooga,3644 has given property investors a potential capital gain of 6.15% across each of those five years.
LACK OF BUYER INTEREST may well be the reason that Barooga is offering property investors an average of -5.24. This rate of discount on properties puts Suburb at number 522th in terms of most discounted suburbs in NSW
At number 996 in a list of fastest selling suburbs, Barooga is in the bottom 20% of suburbs in Australia with an average of days on market 101.6 for properties listed there.
Using the current median advertised rental of $290 and the average annual increase in value of a median property of 3.27%, investors should hope to achieve an overall return of 5.46%