Investment property in Banora Point has done not badly for investors when compared to the country as a whole over the last 12 months, with an increase in the median house price of 8.22%
Data for the last quarter indicates that, in the short term at least, the capital value growth rate for property investors in Banora Point has increased when compared to the 5 year average annual rate.
Banora Point, 2486 is offering NSW ‘s 944th 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.
Renters in Suburb are facing rents around $6060 per annum or $505 every week.
Property value increases in Banora Point have tracked just higher than the NSW average of 5.73% over the last 12 months.
Comparing Banora Point,2486 ‘s 5year and quarterly average capital gain offered to property investors, it performed less well across the longer period
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 Banora Point itself are offering an average vendor discount of -3.40% to real estate investors.
Renters in Suburb are facing rents around $4740 per annum or $395 every week.