VIC has seen average median house prices change by 6.28% which means that Boolarra, 3870 has done well for property investors by showing a capital gain of 21.74% over the last year
Boolarra,3870 was ranked 530 in Australia by increase in median property value over the quarter.
Vendor discounting in Boolarra is giving property investors an average Vendor Discount of around -3.86%. This puts suburb at number 550th in VIC when ranking the most discounted suburbs.
Often selling an investment property can take time, and in Boolarra the average time real estate has been on the market is 94 days.
Using the current median advertised rental of $280 and the average annual increase in value of a median property of 8.01%, investors should hope to achieve an overall return of 5.20%