Bangor

POSTAL CODE: NSW, 2234
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Property investors have seen a -0.43% drop in BANGOR based on a decrease in median home prices for the past three months.

Homeowners and real estate investors betting on BANGOR, 2234 can rest assured about this NSW suburb's performance. The suburb saw median home prices rise by 11.91%.

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 $1,737,500

Profits averaged 9% 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 $1100 based on current median home prices for the suburb.

The gross rental yield in BANGOR, 2234 is 3.29%.

An average of 4.5 real estate transactions take place per month in BANGOR which translates to 54 per annum.

Surburb overview

Bangor is a residential suburb in the Sutherland Shire, located about 28 kilometres south of the Sydney central business district. It lies between Menai to the south and Woronora Heights to the east, with the Woronora River forming part of its boundary. Leafy streets characterise the suburb, bushland surrounds and an elevated position on the Woronora Plateau.

The suburb has a population of around 5,600 people, according to the latest census. Most residents were born in Australia, with smaller communities from England, New Zealand and South Africa. English is the primary language spoken at home, though Greek and Italian are also represented. Bangor is strongly family-oriented, with couples with children making up a large proportion of households. Detached dwellings dominate the housing stock, with many homes built on larger blocks to take advantage of the natural outlooks.

Public transport in Bangor is limited to bus services that connect the suburb to Sutherland and Padstow railway stations. From there, trains provide access to the Sydney CBD, Hurstville and Cronulla. Road access is a key feature, with Bangor Bypass linking directly to the A6 and M5 Motorway, giving residents convenient connections to greater Sydney and the Illawarra.

Essential services are concentrated in the Menai district, which provides supermarkets, medical practices, retail outlets and community facilities. Bangor itself has a small shopping centre with convenience stores and cafes. Educational institutions include Bangor Public School and Inaburra School, a private co-educational school located within the suburb. Additional schooling options are available in Menai and the surrounding areas. Healthcare services are provided at Sutherland Hospital and Kareena Private Hospital.

Recreational amenities in Bangor include local parks, playing fields and reserves that support community sport and outdoor activities. Akuna Oval and Billa Road Oval are notable sporting grounds used by local clubs. The Woronora River and surrounding bushland reserves offer walking tracks, cycling paths and opportunities for kayaking and fishing. Proximity to the Royal National Park further enhances the range of recreational pursuits available to residents.

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