With a capital gain of 6.65% for the last 12 months, Bogangar, 2488 has performed for property investments than its average annual 4.33% property growth over the last 5 years.
Taking the average capital gain, or increase in median house value, Bogangar,2488 has racked up an average of 6.65% over the period. This ranks it number 1395th in the whole country for real estate investors looking at median house price increases.
State is the 7th most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -5.49% offered to property buyers. Sellers in Bogangar itself are offering an average vendor discount of -4.56% to real estate investors.
On average over the past year, suburb has had 4.42 sales per month, which equates to 53 per year.
Over the last year, property investments in Bogangar, 2488 have given investors a capital gain of 15.71%. This compares very favourably with the 5.88% for NSW as a whole.
Bogangar,2488 was ranked 550 in Australia by increase in median property value over the quarter.
Vendor discounting in Bogangar is giving property investors an average Vendor Discount of around -3.02%. This puts suburb at number 393th in NSW when ranking the most discounted suburbs.
Property investors should expect to get $400 weekly from the median priced house in this suburb.