BILGOLA PLATEAU, 2107 delivered a stronger performance in contrast to other Australian suburbs in terms of appreciation of property value.
Average median house prices in NSW have risen as a whole, pulling BILGOLA PLATEAU, 2107 values up and netting property investors a capital gain of 6.64% for the past year.
Investors saw the median home price rise to $1,621,000.
Profits due to an upward trend in home prices in the suburb averaged 11.69% per annum over a 3-year period.
BILGOLA PLATEAU now ranks at the 834th place on a list of fastest growing suburbs in the territory.
Figures from the previous quarter show that capital gains for real estate buyers in BILGOLA PLATEAU are low, as opposed to average gains per annum over the past five years.
Because of this real estate investors could earn a rental income of $897.5 based on current median home prices.
Regardless, it is expected for properties to spend some time on the market prior to a successful sale. In BILGOLA PLATEAU, homes and units usually stay on listing for an average of 61.9 days.
In 2016, 62 properties were sold in BILGOLA PLATEAU during the past year, making it the 251st most active market in NSW based on total real estate transactions.
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