Boronia has had a pretty average year for property investment returns compared to the rest of VIC, giving investors a capital gain of 7.62% to date .
Boronia,3155 has offered an average of 7.62% return per annum in house price rises to property investors over the last three years.
Property investors looking for a bargain in Boronia should be aiming for at least -4.50% off the asking price, which is the average vendor discount being achieved at the moment.
Often selling an investment property can take time, and in Boronia the average time real estate has been on the market is 37.11 days.
Renters in Suburb are facing rents around $20800 per annum or $400 every week.
Boronia, 3155 ranked 155th in VIC when comparing growth in median property values or capital gain over the last 12 months. Boronia is one of 2098 in our list for VIC
The five-year average increase in median property values for Boronia,3155 has given property investors a potential capital gain of 55.97% across each of those five years.
At number 212th of VIC’s most discounted properties, Boronia is in the TOP 40% of the state/territory when listing in order of most discounted to least.
Using the current median advertised rental of $370 and the average annual increase in value of a median property of 6.78%, investors should hope to achieve an overall return of 3.31%