With a capital gain of 8.88% for the last 12 months, Bangor, 2234 has performed for property investments than its average annual 7.08% property growth over the last 5 years.
The five-year average increase in median property values for Bangor,2234 has given property investors a potential capital gain of 54.87% across each of those five years.
Vendor discounting in Bangor is giving property investors an average Vendor Discount of around -2.69%. This puts suburb at number 1167th in NSW when ranking the most discounted suburbs.
On average over the past year, suburb has had 5.67 sales per month, which equates to 68 per year.
Property investors should expect to get $750 weekly from the median priced house in this suburb.
Property investors who have had real estate in Bangor, 2234 should be relatively pleased with this NSW suburb’s performance compared to the rest of the country. Over the last year it has seen median house prices increase in value by 10.23%
If we look at median property appreciation over just the last three months, Bangor has given property investors a paper return of 8.65%. This puts Suburb as 43 on a list of fastest fasting appreciating suburbs in NSW
State is the 7th most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -4.41% offered to property buyers. Sellers in Bangor itself are offering an average vendor discount of -3.13% to real estate investors.
Often selling an investment property can take time, and in Bangor the average time real estate has been on the market is 45.4 days.
With the median price for a house in Bangor being $835000 and the advertised rent reaching $650 the gross rental yield for property investors calculates out to be 4.05%