Suburb Profile Report for Bangor NSW (2234)

Bangor House: Median price $1,165,000, Annual capital growth 7.91%, Number of sales 66, Weekly median advertised rent $750

Bangor Unit: Median price $877,500, Annual capital growth 7.91%, Number of sales 17, Weekly median advertised rent N/A

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

Source: CoreLogic

  • House Report
  • Unit Report

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

Metrics i HOUSE UNIT
$1,165,000 $877,500
0.00% N/A
8.37% 5.09%
7.91% 7.91%
$750 N/A
66 17
3.35% N/A
52.97 N/A

Source: CoreLogic

DSR Score for property investment : Good (H), Above average (U)
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Demographics
Total population 5620
Median household income ($/weekly) 2171
Median age of persons 40
Median housing loan repayment ($/monthly) 2498
Average household size 3
  • Census Count Percent(%)
    5-14 years 730 13.0
    25-34 years 595 10.6
    35-44 years 668 11.9
    45-54 years 823 14.6
    55-64 years 1020 18.1
    Others 1784 31.7
    Age Group
    Census Count Percent(%)
    Registered Married 2568 59.9
    Not Married 1544 36.0
    Defacto Relationship 175 4.1
    Social Marital Status
  • Census Count Percent(%)
    Australia 4527 82.6
    Papua New Guinea 58 1.1
    South Africa 64 1.2
    United Kingdom 278 5.1
    Other 137 2.5
    Others 417 7.6
    Country of Birth
    Census Count Percent(%)
    Buddhism 41 0.8
    Christianity 4464 84.9
    Hinduism 25 0.5
    Islam 40 0.8
    No Religion 669 12.7
    Others 22 0.4
    Religious Affiliation
  • Census Count Percent(%)
    $1,500-$1,999 213 13.1
    $2,000-$2,499 193 11.9
    $2,500-$2,999 248 15.3
    $3,000-$3,499 197 12.1
    $4,000 or more 146 9.0
    Others 627 38.6
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Employed, worked full-time 2004 44.7
    Not in the labour force 1184 26.4
    Employed, worked part-time 1019 22.7
    Employed, away from work 172 3.8
    Unemployed, looking for work 103 2.3
    Person Characteristics
  • Census Count Percent(%)
    Managers 473 14.8
    Professionals 746 23.3
    Technicians & trades workers 418 13.1
    Clerical & administrative workers 633 19.8
    Sales 332 10.4
    Others 593 18.6
    Occupation
    Census Count Percent(%)
    Pre-school 108 7.6
    Infants/Primary 471 33.1
    Secondary 433 30.5
    Technical or Further Educational Institution 105 7.4
    University or other Tertiary Institutions 282 19.8
    Others 23 1.6
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 4909 91.2
    Semi-detached, row or terrace house, townhouse 363 6.7
    Flat, unit or apartment 107 2.0
    House or flat attached to a shop, office 3 0.1
    Caravan, cabin, houseboat 0 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Being purchased 832 47.1
    Fully owned 795 45.0
    Rented 133 7.5
    Other tenure type 5 0.3
    Tenure Type
Census 2011, ABS
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