At number 940th in the list of Australian suburbs ordered by increase in median house value over the last year, Bligh Park, 2756 is in the top 30% with a property value increase of 10.71% recorded in median house prices.
If we look at median property appreciation over just the last three months, Bligh Park has given property investors a paper return of 2.18%. This puts Suburb as 461 on a list of fastest fasting appreciating suburbs in NSW
Sellers are offering property buyers an average discount of -4.75% to buyers in Bligh Park at the moment, which is less than average for the rest of NSW.
A $460 per week rent on the median house gives suburb investors a gross yield of circa 3.86%, without taking into account capital value appreciation, which has been averaging out at 6.61%.
Giving property investors a a stable capital gain of 8.07% for the last year, Bligh Park, 2756 is the 499th highest performer in Australia in this respect.
State is the 7th most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -4.48% offered to property buyers. Sellers in Bligh Park itself are offering an average vendor discount of -3.96% to real estate investors.
Advertised rents are around the $400 mark per week – giving a return of 4.25% based on the median price in Suburb