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Property investors have seen a 1.62% 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 $1,100,000
Profits averaged -1.75% 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 $680 based on current median home prices for the suburb.
The gross rental yield in BANGOR, 2234 is 3.21%.
An average of 4.5 real estate transactions take place per month in BANGOR which translates to 54 per annum.
| KEY PROPERTY DATA REPORT | HOUSE | UNIT |
|---|---|---|
| Median Price | $1,100,000 | $840,000 |
| GROWTH REPORT | ||
| Median Quarterly | 1.62% | -2.33% |
| Median 12 month | 8.91% | N/A |
| Median 3 years | -5.25% | -3.72% |
| Median 5 years | 15.55% | 17.61% |
| 10 years average annual | 5.56% | 6.73% |
| Weekly media advert. rent | $680 | N/A |
| Time on Market | 36.1 days | 0.0 days |
| Gross Rental Yield Percent | 3.21% | N/A |
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