Investment property in Bogangar has done well for investors when compared to the country as a whole over the last 12 months, with an increase in the median house price of 14.93%
Over the longer term, Bogangar has seen property prices show investors a 22.82% return over the last 3 years. This is worse than over the last 12 months
State is the 7th most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -5.35% offered to property buyers. Sellers in Bogangar itself are offering an average vendor discount of -4.34% to real estate investors.
Bogangar is 351th on a list of best yielding suburbs for rents in NSW with a 4.26% return
If you compare the increase in value of investment property in Bogangar, 2488 to the rest of Australia, it performed somewhat poorly. The median increase in value, or capital gain property investors experienced for this NSW suburb was -2.53%.
When looking at the potential capital gains offered to property investors over the last 3 years, Bogangar comes in at number 330th in NSW.
The most recent median price for Bogangar is $385000, with sellers offering an average of -2.44% off the asking price.
At number 749 in a list of fastest selling suburbs, Bogangar is just in the bottom half of suburbs in Australia with an average of days on market 76.74 for properties listed there.
Renters in Suburb are facing rents around $4800 per annum or $400 every week.