Bega

BEGA, 2550 ranks 712th on the best performing suburbs in Australia in terms of capital gains, returning capital gains of 34.18% for property investors.

Based on its average 5-year and quarterly capital gains, the suburb saw average growth in the long term.

The suburb also delivered a weaker performance in contrast to other Australian suburbs in terms of appreciation of property value. Investors saw the median home price rise to $530,000.

The upward trend in home prices in BEGA, 2550 averaged 12.26% per annum over a 3-year period.

Average weekly rents on listings have reached the $450 mark, reflecting a 4.42% increase in returns based on the current median price in BEGA.

An average of 12.67 real estate transactions take place per month in BEGA which translates to 152 per annum.

152 properties were sold in BEGA in 2016, making it the 1180th most active market in NSW based on total real estate transactions.

BEGA, 2550 places 697th in Australia based on median property value growth during the quarter.