The median asking price in Bonfield is $191,400, pretty close to the median three months ago which was $229,900 .
The median house price listed in Bonfield this month is $191,400.
When it comes to the size of the properties currently available to property investors in this neighbourhood, they tend to have fewer bedrooms than the most commonly available across the nation.
From our data, it appears that neighbourhood is number 913th when comparing neighbourhoods by the number of properties available to investors across the nation, putting it in the top 20.
When we look at the data we have, it can help with trying to establish whether or not Bonfield is a good investment target.
In Bonfield, housing stock has increased over the last three months, which would tend to mean that more sellers are listing their houses than there are buyers to absorb the housing stock.
It’s never an exact art, but to try to forecast how property is going to appreciate in Bonfield for investors, it’s important to look at data like:
Because the amount of real estate listed for sale has stayed the same it looks like housing market forces in neighbourhood are likely to not necessarily affect house prices.