AREA REPORTS

Bangor

 

 

NSW/
Bangor

Suburb Profile

Bangor - FREE SUBURB PROFILE REPORT
POSTAL CODE: NSW,2234

house
unit

Property investors have seen a -4.49% 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 $1,100,000

Profits averaged 3.33% 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 $777.5 based on current median home prices for the suburb.

The gross rental yield in BANGOR, 2234 is 3.68%.

An average of 5.92 real estate transactions take place per month in BANGOR which translates to 71 per annum.

Data report can be found below

KEY PROPERTY DATA REPORT HOUSE UNIT
Median Price $1,100,000 $822,500
GROWTH REPORT
Median Quarterly -4.49% -3.8%
Median 12 month -5.46% -6.27%
Median 3 years 10% 8.58%
Median 5 years 47.11% 31.6%
10 years average annual 7.21% 6.43%
Weekly media advert. rent $777.5 $655
Time on Market 54.2 days 72.3 days
Gross Rental Yield Percent 3.68% 4.14%
demographics (median values)
Total Population
5187
Weekly Household Income
1788
Household Size
3.20
demographics
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