With a capital gain of 9.09% for the last 12 months, Banora Point, 2486 has performed for property investments than its average annual 3.35% property growth over the last 5 years.
If we look at median property appreciation over just the last three months, Banora Point has given property investors a paper return of 1.89%. This puts Suburb as 746 on a list of fastest fasting appreciating suburbs in NSW
Banora Point, 2486 is offering NSW ‘s 984th 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 71.33 days.
Banora Point is 239th on a list of best yielding suburbs for rents in NSW with a 4.81% return
Banora Point is in the TOP 30% in NSW when comparing median price capital growth over the last year. Banora Point gave property investors a good capital gain figure when compared to the rest of the state, with 10.00%.
When looking at the potential capital gains offered to property investors over the last 3 years, Banora Point comes in at number 363th in NSW.
State is the 7th most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -4.42% offered to property buyers. Sellers in Banora Point itself are offering an average vendor discount of -3.47% to real estate investors.
Advertised rents are around the $390 mark per week – giving a return of 5.50% based on the median price in Suburb