With a capital gain of 1.94% for the last 12 months, Banora Point, 2486 has performed for property investments than its average annual 3.02% property growth over the last 5 years.
The five-year average increase in median property values for Banora Point,2486 has given property investors a potential capital gain of 35.85% across each of those five years.
LACK OF BUYER INTEREST may well be the reason that Banora Point is offering property investors an average of -7.38. This rate of discount on properties puts Suburb at number 716th in terms of most discounted suburbs in NSW
With the median price for a house in Banora Point being $621850 and the advertised rent reaching $550 the gross rental yield for property investors calculates out to be 4.60%
Giving property investors a a stable capital gain of 2.41% for the last year, Banora Point, 2486 is the 459th highest performer in Australia in this respect.
Comparing Banora Point,2486 ‘s 5year and quarterly average capital gain offered to property investors, it performed less well across the longer period
Banora Point, 2486 is offering NSW ‘s 269th most discounted properties when looking at the average discount being offered by vendors. This puts it in the bottom 30% of discounts offered by this NSW.
At number 477 in a list of fastest selling suburbs, Banora Point is in the TOP 40% of suburbs in Australia with an average of days on market 72.2212 for properties listed there.