If you compare the increase in value of investment property in Bangor, 2234 to the rest of Australia, it performed quite well. The median increase in value, or capital gain property investors experienced for this NSW suburb was 8.37%.
A 61.81% growth in median value for property investors in Bangor,2234 puts this suburb at number 745th in terms of best performing suburbs in NSW
When looking to buy, or assessing what properties are really achieving at sale, it's essential for property investors to take into account what discounts are being offered in Bangor, 2234. Typically our figures indicate that -3.92% is being offered, which puts this NSW suburb at 3129th most discounted overall in Australia.
A $750 per week rent on the median house gives suburb investors a gross yield of circa 3.35%, without taking into account capital value appreciation, which has been averaging out at 7.91%.
NSW has seen average median house prices change by 5.36% which means that Bangor, 2234 has done well for property investors by showing a capital gain of 5.09% over the last year