Property investors have seen a 0.22% 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 $1,163,500
Profits averaged 12.59% 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 3.35%.
An average of 5.83 real estate transactions take place per month in BANGOR which translates to 70 per annum.
Property investments in BANGOR fare well against the rest of the country last year, registering a median home price increase of 3.43%.
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 $875,000
Investors saw the median home price rise to $875,000.
BANGOR ranks 593rd on the list of best yielding suburbs for rental properties in NSW, posting a 0% return.
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