If you compare the increase in value of investment property in Banora Point, 2486 to the rest of Australia, it performed around average. The median increase in value, or capital gain property investors experienced for this NSW suburb was 8.08%.
If we look at median property appreciation over just the last three months, Banora Point has given property investors a paper return of 2.73%. This puts Suburb as 667 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 -5.28% offered to property buyers. Sellers in Banora Point itself are offering an average vendor discount of -3.66% to real estate investors.
Property investors should expect to get $522.5 weekly from the median priced house in this suburb.
If you compare the increase in value of investment property in Banora Point, 2486 to the rest of Australia, it performed quite well. The median increase in value, or capital gain property investors experienced for this NSW suburb was 8.91%.
Across a shorter period, Banora Point, 2486 has seen a median price increase of 1.32% over the last quarter.
Banora Point2486 is located in NSW which offers an average discount of -4.16% to property investors. Banora Point itself is showing figures that indicate -3.04% is the average achievable by property buyers investing in the suburb.
Renters in Suburb are facing rents around $4920 per annum or $410 every week.