How Much is My Home Worth in Boronia?
On March 1, 2019, the median price for a house in Boronia was $ 725,250. A median-priced unit was valued at $585,000. In the past year, there has been 336 houses and 84 units sold. Of these house sales, 98 were three bedrooms. It takes only 40 days to sell a house in Boronia. The annual capital growth for homes is 7.93% and units is 6.64%. The 12-month capital growth is -0.85% on houses and 0.00% for units. The gross rental yield for a house is 2.93% and for a unit, it is 3.50%.
The Demand to Supply Ratio or DSR ranking says that an investment in houses and units is rated as very good. This means there is a strong demand for property in Boronia. Sellers do not wait long until they receive a good offer. In this type of real estate environment expect prices to rise. The national average for property growth should stay ahead of the nation’s average.
House prices and rent returns in Boronia.
- 2 bedroom home $618,000 Rent per week $350
- 3 bedroom home $709,500 Rent per week $390
- 4 bedroom home $791,000 Rent per week $450
Unit prices and rent returns in Boronia.
- 1 bedroom unit No Data Rent per week $298
- 2 bedroom unit $533,000 Rent per week $355
- 3 bedroom unit $633,000 Rent per week $400
Free Real Estate Appraisal Boronia
Are you going to put your house on the market for sale? If so, we provide free property appraisals on land, units, apartments and houses. We present our valuation on the property’s proximity to schools, shops and amenities. Nearby public transport is taken into account as is the recent sales history in the suburb. Our appraisers know the region well and will give you an accurate estimation as to the worth of your home.
Free Rental Appraisal Boronia
Have you just purchased an investment property and need a rental manager? Or, are you vacating your home and would like to rent it out? Our property management team currently manage over 3600 homes in Melbourne. We have a database of tenants that are actively looking to rent all type of property. All our prospective tenants are vetted for security purposes. We engage closely with the landlord. Initially, we determine the length of the rental and the preferred tenant. From here we can place the renter, collect the monthly rent, carry out routine inspections and tend to maintenance issues. We will give you a free rental appraisal that should accurately reflect your weekly rent return.
Knoxfield Leisureworks Boronia
Recently Rented Homes in Boronia and surrounds.
View our list of recently leased homes in Boronia and surrounding suburbs.
Lifestyle in Boronia
Located just 32 kilometres east of the Melbourne Central Business District. It is part of the Knox Council. The population is approximately 22,000. Its neighbouring suburbs include Ferntree Gully, Wantirna and Bayswater. The Boronia railway station runs along the Belgrave line.
Schools in Boronia
There are 4 schools in Boronia. The nearest school would be the Truganina South Primary School.
- Boronia Heights College – Co educational
- Boronia Heights Primary School – Co educational
- Boronia Primary School – Co educational
- Boronia West Primary School – Co educational