At number 2446th in the list of Australian suburbs ordered by increase in median house value over the last year, Bogangar, 2488 is in the BOTTOM 50% with a property value increase of 2.26% recorded in median house prices.
Taking the average capital gain, or increase in median house value, Bogangar,2488 has racked up an average of 2.26% over the period. This ranks it number 1315th in the whole country for real estate investors looking at median house price increases.
The most recent median price for Bogangar is $565000, with sellers offering an average of -4.75% off the asking price.
With the median price for a house in Bogangar being $565000 and the advertised rent reaching $490 the gross rental yield for property investors calculates out to be 4.51%
At number 153th in the list of Australian suburbs ordered by increase in median house value over the last year, Bogangar, 2488 is in the top 10% with a property value increase of 17.38% recorded in median house prices.
Data for the last quarter indicates that, in the short term at least, the capital value growth rate for property investors in Bogangar has increased when compared to the 5 year average annual rate.
LACK OF BUYER INTEREST may well be the reason that Bogangar is offering property investors an average of -4.45. This rate of discount on properties puts Suburb at number 309th in terms of most discounted suburbs in NSW
Residents and property investors in Bogangar have been waiting around 103.3 days to sell a property.
Bogangar is 94th on a list of best yielding suburbs for rents in NSW with a 5.11% return