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Property investors have seen a 1.73% 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 $1,027,500
Profits averaged -1.47% 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 $740 based on current median home prices for the suburb.
The gross rental yield in BANGOR, 2234 is 3.75%.
An average of 5 real estate transactions take place per month in BANGOR which translates to 60 per annum.
| KEY PROPERTY DATA REPORT | HOUSE | UNIT |
|---|---|---|
| Median Price | $1,027,500 | N/A |
| GROWTH REPORT | ||
| Median Quarterly | 1.73% | N/A |
| Median 12 month | -4.86% | N/A |
| Median 3 years | -4.42% | N/A |
| Median 5 years | 21.67% | N/A |
| 10 years average annual | 5.47% | N/A |
| Weekly media advert. rent | $740 | N/A |
| Time on Market | 34.2 days | N/A |
| Gross Rental Yield Percent | 3.75% | N/A |
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