Property investors have seen a -0.43% drop in BANGOR based on a decrease in median home prices for the past three months.
Based on its average 5-year and quarterly capital gains BANGOR, 2234 saw average growth in the long term.
The NSW suburb also delivered a stronger performance in contrast to other Australian suburbs in terms of appreciation of property value.Investors saw the median home price rise to $1,160,000
Profits averaged 11.5% per annum over a 3-year period, due to an upward trend in home prices in BANGOR, 2234.
This means, real estate investors could earn a rental income of $750 based on current median home prices for the suburb.
The gross rental yield in BANGOR, 2234 is 3.36%.
An average of 5.25 real estate transactions take place per month in BANGOR which translates to 63 per annum.
Property investments in BANGOR fare well against the rest of the country last year, registering a median home price increase of 4.91%.
Figures from the previous quarter show that capital gains for real estate buyers in BANGOR are low, as opposed to average gains per annum over the past five years.
It is expected for properties to spend some time on the market prior to a successful sale. In BANGOR, homes and units usually stay on listing for an average of 0.0 days.
the NSW suburb also delivered a stronger performance in contrast to other Australian suburbs in terms of appreciation of property value.Investors saw the median home price rise to $887,500
Investors saw the median home price rise to $887,500.
BANGOR ranks 581st on the list of best yielding suburbs for rental properties in NSW, posting a 0% return.
great article Cate Bakos!
The biggest misconception is that...
Things are heading the right way at...
Independent Financial Adviser
Real Estate Business
Smart Property Investment
Which Investment Property
Australian Law Awards
Corporate Counsel Awards
30 Under Thirty
Partner of the Year
Women in Law
Better Business Summit
Australian Broking Awards
New Broker Academy
Bootcamp SME Broker
Australian Accounting Awards
ifa Excellence Awards
Women in Finance Awards
Adviser Innovation Summit
Tax & Legal