Boronia Heights has had a quite poor year for property investment returns compared to the rest of QLD, giving investors a capital gain of 1.30% to date .
Taking the average capital gain, or increase in median house value, Boronia Heights,4124 has racked up an average of 1.30% over the period. This ranks it number 2785th in the whole country for real estate investors looking at median house price increases.
Our latest figures would indicate that property sellers in Boronia Heights are currently offering property investors an average price cut of -3.99% below the asking price at the moment.
With the median price for a house in Boronia Heights being $349500 and the advertised rent reaching $360 the gross rental yield for property investors calculates out to be 5.36%
Property investors who have had real estate in Boronia Heights, 4124 should be relatively unhappy with this QLD suburb’s performance compared to the rest of the country. Over the last year it has seen median house prices unmoved in value by 0.00%
Vendor discounting in Boronia Heights is giving property investors an average Vendor Discount of around -5.49%. This puts suburb at number 158th in QLD when ranking the most discounted suburbs.
Residents and property investors in Boronia Heights have been waiting around 83.2 days to sell a property.
A $340 per week rent on the median house gives suburb investors a gross yield of circa 5.37%, without taking into account capital value appreciation, which has been averaging out at 0.43%.