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Bogangar
AREA REPORTS

Bogangar

Bogangar - SUBURB PROFILE REPORT
POSTAL CODE: NSW, 2488

house
unit

Property investments in BOGANGAR fare well against the rest of the country last year, registering a median home price increase of 6.41%.

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 $600 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 68.0 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 $900,000.

BOGANGAR ranks 530th on the list of best yielding suburbs for rental properties in NSW, posting a 3.47% return.

Data report can be found below

Bogangar
KEY PROPERTY DATA REPORT HOUSE UNIT
Median Price $900,000 $586,500
GROWTH REPORT
Median Quarterly 0% 0.26%
Median 12 month 6.41% 12.79%
Median 3 years 26.76% 30.62%
Median 5 years 64.84% 61.79%
10 years average annual 6.59% 7.22%
Weekly media advert. rent $600 N/A
Time on Market 68.0 days 40.6 days
Gross Rental Yield Percent 3.47% N/A
demographics (median values)*
Total Population
3261
Weekly Household Income
1269
Household Size
2.50
Age
42
Monthly Loan Repayment
1700
* Australian Bureau of Statistics (May 2021) 2016 Census DataPacks[https://datapacks.censusdata.abs.gov.au/datapacks/],ABS Website, accessed 2016.
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