Over the last year, property investments in Banora Point, 2486 have given investors a capital gain of 6.28%. This compares averagely with the 8.26% for NSW as a whole.
The five-year average increase in median property values for Banora Point,2486 has given property investors a potential capital gain of 26.15% across each of those five years.
Property investors looking for a bargain in Banora Point should be aiming for at least -3.72% off the asking price, which is the average vendor discount being achieved at the moment.
Banora Point, 2486’s gross rental yield is 4.92%
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 10.63%.
Banora Point,2486 has offered an average of 10.63% return per annum in house price rises to property investors over the last three years.
Banora Point, 2486 is offering NSW ‘s 347th most discounted properties when looking at the average discount being offered by vendors. This puts it in the bottom 30% of discounts offered by this NSW.
Often selling an investment property can take time, and in Banora Point the average time real estate has been on the market is 69.33 days.