Property investments in BOGANGAR fare well against the rest of the country last year, registering a median home price increase of 16.13%.
Figures from the previous quarter show that capital gains for real estate buyers in the territory are low, as opposed to average gains per annum over the past five years.
Based on its average 5-year and quarterly capital gains BOGANGAR, 2488 saw average growth in the long term.
Real estate investors could earn a rental income of $570 based on current median home prices for the suburb.
It is expected, nonetheless, for properties to spend some time on the market prior to a successful sale. homes and units usually stay on listing for an average of 60.7 days.
Besides that, the Australian suburb also delivered a stronger performance in contrast to other Australian suburbs in terms of appreciation of property value.
Property investors perceived the median home price rise to $720,000.
BOGANGAR ranks 334th on the list of best yielding suburbs for rental properties in NSW, posting a 4.12% return.
BOGANGAR, 2488 ranks 79th on the best performing suburbs in Australia in terms of capital gains, returning capital gains of 25.16% for property investors last year.
Profits due to an upward trend in home prices in BOGANGAR, 2488 averaged 14.25% per annum over a 3-year period.
Average weekly rents on listings have reached the $450 mark, reflecting a 4.75% increase in returns based on the current median price in BOGANGAR.
An average of 2.58 real estate transactions take place per month in BOGANGAR which translates to 31 per annum.
31 properties were sold in BOGANGAR during the past year, making it the 238th most active market in NSW based on total real estate transactions.
BOGANGAR, 2488 places 2nd in Australia based on median property value growth during the quarter.
If the capital assets are not permitted...
Yet again a state (nee liberal)...
What is short term letting - less than a...
Independent Financial Adviser
Real Estate Business
Smart Property Investment
Which Investment Property
Australian Law Awards
Corporate Counsel Awards
30 Under Thirty
Partner of the Year
Women in Law
Better Business Summit
Australian Broking Awards
New Broker Academy
Bootcamp SME Broker
Australian Accounting Awards
ifa Excellence Awards
Women in Finance Awards
Adviser Innovation Summit
Tax & Legal