Over the last year, property investments in Banora Point, 2486 have given investors a capital gain of 10.17%. This compares averagely with the 11.67% for NSW as a whole.
Banora Point,2486 was ranked 1468 in Australia by increase in median property value over the quarter.
Banora Point2486 is located in NSW which offers an average discount of -5.24% to property investors. Banora Point itself is showing figures that indicate -4.35% is the average achievable by property buyers investing in the suburb.
Often selling an investment property can take time, and in Banora Point the average time real estate has been on the market is 59.5 days.
Advertised rents are around the $540 mark per week – giving a return of 4.80% based on the median price in Suburb
Investment property in Banora Point has done not badly for investors when compared to the country as a whole over the last 12 months, with an increase in the median house price of 9.59%
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 170th most discounted properties when looking at the average discount being offered by vendors. This puts it in the middle of discounts offered by this NSW.
In the last year 168 properties changed hands in Banora Point, which puts it as the 88th most active market in NSW when comparing the number of sales per suburb.
Advertised rents are around the $420 mark per week – giving a return of 5.46% based on the median price in Suburb