Giving property investors a an average capital gain of 5.93% for the last year, Bligh Park, 2756 is the 1779th highest performer in Australia in this respect.
Taking the average capital gain, or increase in median house value, Bligh Park,2756 has racked up an average of 5.93% over the period. This ranks it number 540th in the whole country for real estate investors looking at median house price increases.
Property investors looking for a bargain in Bligh Park should be aiming for at least -5.07% off the asking price, which is the average vendor discount being achieved at the moment.
Advertised rents are around the $450 mark per week – giving a return of 3.74% based on the median price in Suburb
Property value increases in Bligh Park have tracked close to the NSW average of 5.41% over the last 12 months.
Data for the last quarter indicates that, in the short term at least, the capital value growth rate for property investors in Bligh Park has increased when compared to the 5 year average annual rate.
Vendor discounting in Bligh Park is giving property investors an average Vendor Discount of around -4.07%. This puts suburb at number 264th in NSW when ranking the most discounted suburbs.
Bligh Park is 246th on a list of best yielding suburbs for rents in NSW with a 4.26% return