At number 1868th in the list of Australian suburbs ordered by increase in median house value over the last year, Boronia, 3155 is in the top half with a property value increase of 1.89% recorded in median house prices.
Comparing Boronia,3155 ‘s 5year and quarterly average capital gain offered to property investors, it performed less well across the longer period
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 Boronia, 3155. Typically our figures indicate that -6.19% is being offered, which puts this VIC suburb at 1524th most discounted overall in Australia.
With a capital gain of 7.96% for the last 12 months, Boronia, 3155 has performed for property investments than its average annual 5.69% property growth over the last 5 years.
Data for the last quarter indicates that, in the short term at least, the capital value growth rate for property investors in Boronia has increased when compared to the 5 year average annual rate.
LACK OF BUYER INTEREST may well be the reason that Boronia is offering property investors an average of -5.85. This rate of discount on properties puts Suburb at number 136th in terms of most discounted suburbs in VIC
The VIC suburb of Boronia, 3155 is in the Knox (C) local government area.