Over the last year, property investments in Bundanoon, 2578 have given investors a capital gain of -3.92%. This compares badly with the 0.15% for NSW as a whole.
When looking at the potential capital gains offered to property investors over the last 3 years, Bundanoon comes in at number 903th in NSW.
State is the 4th most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -6.70% offered to property buyers. Sellers in Bundanoon itself are offering an average vendor discount of -6.24% to real estate investors.
On average over the past year, suburb has had 5.75 sales per month, which equates to 69 per year.
Using the current median advertised rental of $500 and the average annual increase in value of a median property of 7.84%, investors should hope to achieve an overall return of 3.54%