Suburb Profile Report for Bogangar NSW (2488)

Bogangar House: Median price $559,000, Annual capital growth 4.24%, Number of sales 47, Weekly median advertised rent $455

Bogangar Unit: Median price $397,000, Annual capital growth 3.40%, Number of sales 32, Weekly median advertised rent $400

  • House
  • Unit
Source: CoreLogic RP Data
  • Median price
  • Number of sales

Source: CoreLogic

  • House Report
  • Unit Report

NSW has seen average median house prices change by 7.15% which means that Bogangar, 2488 has done well for property investors by showing a capital gain of 2.85% over the last year

Bogangar,2488 has offered an average of 2.85% return per annum in house price rises to property investors over the last three years.

At number 533th of NSW’s most discounted properties, Bogangar is in the middle of the state/territory when listing in order of most discounted to least.

Advertised rents are around the $455 mark per week – giving a return of 4.23% based on the median price in Suburb

Property value increases in Bogangar have tracked just higher than the NSW average of 6.59% over the last 12 months.

Taking the average capital gain, or increase in median house value, Bogangar,2488 has racked up an average of 12.86% over the period. This ranks it number 291th in the whole country for real estate investors looking at median house price increases.

Property buyers and investors in Bogangar 2488 should be seeing an average reduction in asking price of around -3.11% . This means that Bogangar is holding prices well when compared to other suburbs in NSW.

Using the current median advertised rental of $400 and the average annual increase in value of a median property of 3.40%, investors should hope to achieve an overall return of 5.24%

HOUSE UNIT
$559,000 $397,000
1.64% 4.06%
2.85% 12.86%
4.24% 3.40%
$455 $400
47 32
4.23% 5.24%
60.62 110.4

Source: CoreLogic

DSR Score for property investment : Above average (U), Good (H)
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Demographics
Total population 3099
Median household income ($/weekly) 965
Median age of persons 39
Median housing loan repayment ($/monthly) 1680
Average household size 2.5
  • Census Count Percent(%)
    5-14 years 468 15.1
    25-34 years 272 8.8
    35-44 years 490 15.8
    45-54 years 566 18.3
    55-64 years 362 11.7
    Others 942 30.4
    Age Group
    Census Count Percent(%)
    Registered Married 996 44.5
    Not Married 963 43.0
    Defacto Relationship 279 12.5
    Social Marital Status
  • Census Count Percent(%)
    Australia 2569 86.6
    Papua New Guinea 90 3.0
    United Kingdom 172 5.8
    United States of America 12 0.4
    Other 44 1.5
    Others 79 2.7
    Country of Birth
    Census Count Percent(%)
    Christianity 1868 66.0
    No Religion 884 31.2
    Buddhism 52 1.8
    Other Religious Groups 25 0.9
    Hinduism 3 0.1
    Others 0 0.0
    Religious Affiliation
  • Census Count Percent(%)
    $400-$599 142 13.3
    $600-$799 139 13.0
    $800-$999 110 10.3
    $1,000-$1,249 100 9.4
    $1,500-$1,999 137 12.8
    Others 440 41.2
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Not in the labour force 818 35.0
    Employed, worked full-time 734 31.4
    Employed, worked part-time 582 24.9
    Unemployed, looking for work 121 5.2
    Employed, away from work 83 3.6
    Person Characteristics
  • Census Count Percent(%)
    Professionals 255 18.3
    Technicians & trades workers 235 16.8
    Community & personal service workers 200 14.3
    Clerical & administrative workers 160 11.5
    Labourers 181 13.0
    Others 365 26.1
    Occupation
    Census Count Percent(%)
    Pre-school 58 7.4
    Infants/Primary 273 34.7
    Secondary 266 33.8
    Technical or Further Educational Institution 88 11.2
    University or other Tertiary Institutions 83 10.6
    Others 18 2.3
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 2039 69.0
    Semi-detached, row or terrace house, townhouse 708 24.0
    Flat, unit or apartment 195 6.6
    Caravan, cabin, houseboat 11 0.4
    House or flat attached to a shop, office 3 0.1
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Rented 475 40.3
    Being purchased 411 34.8
    Fully owned 291 24.7
    Other tenure type 3 0.3
    Tenure Type
Census 2011, ABS
Chart Table
Recent sales & rentals