Bargo has had a pretty average year for property investment returns compared to the rest of NSW, giving investors a capital gain of 12.00% to date .
Across a shorter period, Bargo, 2574 has seen a median price increase of -0.36% over the last quarter.
State is the 7th most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -5.23% offered to property buyers. Sellers in Bargo itself are offering an average vendor discount of -4.02% to real estate investors.
A $460 per week rent on the median house gives suburb investors a gross yield of circa 3.42%, without taking into account capital value appreciation, which has been averaging out at 7.66%.