Property investors who have had real estate in Bogangar, 2488 should be pleased with this NSW suburb’s performance compared to the rest of the country. Over the last year it has seen median house prices increase in value by 20.39%
If we look at median property appreciation over just the last three months, Bogangar has given property investors a paper return of 3.20%. This puts Suburb as 430 on a list of fastest fasting appreciating 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 Bogangar, 2488. Typically our figures indicate that -4.25% is being offered, which puts this NSW suburb at 2727th most discounted overall in Australia.
At number 1215 in a list of fastest selling suburbs, Bogangar is in the TOP 40% of suburbs in Australia with an average of days on market 58.37 for properties listed there.
Bogangar, 2488’s gross rental yield is 4.24%
If you compare the increase in value of investment property in Bogangar, 2488 to the rest of Australia, it performed poorly. The median increase in value, or capital gain property investors experienced for this NSW suburb was -7.27%.
Comparing Bogangar,2488 ‘s 5year and quarterly average capital gain offered to property investors, it performed less well across the longer period
Vendor discounting in Bogangar is giving property investors an average Vendor Discount of around -1.58%. This puts suburb at number 460th in NSW when ranking the most discounted suburbs.
With the median price for a house in Bogangar being $370000 and the advertised rent reaching $420 the gross rental yield for property investors calculates out to be 5.90%