Property investors who have had real estate in Bangalow, 2479 should be 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 29.10%
While Bangalow,2479 ranked number 70th in NSW for increase in median house value (annualised) increase, it is ranked 327th over the last 5 years.
Property buyers and investors in Bangalow 2479 should be seeing an average reduction in asking price of around -5.04% . This means that Bangalow is holding prices well when compared to other suburbs in NSW.
Using the current median advertised rental of $670 and the average annual increase in value of a median property of 6.82%, investors should hope to achieve an overall return of 3.61%