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Property investors have seen a 0.91% gain in BANGOR based on an increase 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 $1,110,000
Profits averaged -1.53% per annum over a 3-year period, due to an downward trend in home prices in BANGOR, 2234.
This means, real estate investors could earn a rental income of $720 based on current median home prices for the suburb.
The gross rental yield in BANGOR, 2234 is 3.37%.
An average of 4.33 real estate transactions take place per month in BANGOR which translates to 52 per annum.
|KEY PROPERTY DATA REPORT||HOUSE||UNIT|
|Median 12 month||9.9%||0.9%|
|Median 3 years||-4.6%||-4.55%|
|Median 5 years||12.69%||10.89%|
|10 years average annual||5.38%||5.24%|
|Weekly media advert. rent||$720||N/A|
|Time on Market||42.8 days||46.1 days|
|Gross Rental Yield Percent||3.37%||N/A|