Investment property in Boronia has done pretty poorly for investors when compared to the country as a whole over the last 12 months, with an increase in the median house price of -0.85%
Boronia,3155 was ranked 3719 in Australia by increase in median property value over the quarter.
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 -5.22% is being offered, which puts this VIC suburb at 2067th most discounted overall in Australia.
Boronia is in the bottom 40% in VIC when comparing median price capital growth over the last year. Boronia gave property investors a disappointing capital gain figure when compared to the rest of the state, with 0.00%.
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 -5.13. This rate of discount on properties puts Suburb at number 87th in terms of most discounted suburbs in VIC
Property investors should expect to get $380 weekly from the median priced house in this suburb.