Property investors who have had real estate in Bligh Park, 2756 should be relatively 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 10.24%
Data for the last quarter indicates that, in the short term at least, the capital value growth rate for property investors in Bligh Park has increased when compared to the 5 year average annual rate.
Property investors looking for a bargain in Bligh Park should be aiming for at least -4.18% off the asking price, which is the average vendor discount being achieved at the moment.
Renters in Suburb are facing rents around $5640 per annum or $470 every week.
Giving property investors a an average capital gain of 6.43% for the last year, Bligh Park, 2756 is the 724th highest performer in Australia in this respect.
Over the longer term, Bligh Park has seen property prices show investors a 34.11% return over the last 3 years. This is worse than over the last 12 months
Our latest figures would indicate that property sellers in Bligh Park are currently offering property investors an average price cut of -3.09% below the asking price at the moment.
Advertised rents are around the $415 mark per week – giving a return of 4.07% based on the median price in Suburb