At number 1453th in the list of Australian suburbs ordered by increase in median house value over the last year, Bligh Park, 2756 is in the top 40% with a property value increase of 11.29% recorded in median house prices.
While Bligh Park,2756 ranked number 598th in NSW for increase in median house value (annualised) increase, it is ranked 409th over the last 5 years.
Sellers are offering property buyers an average discount of -4.11% to buyers in Bligh Park at the moment, which is less than average for the rest of NSW.
At number 518 in a list of fastest selling suburbs, Bligh Park is just in the top half of suburbs in Australia with an average of days on market 49.48 for properties listed there.
Renters in Suburb are facing rents around $5520 per annum or $460 every week.
Bligh Park has had a pretty average year for property investment returns compared to the rest of NSW, giving investors a capital gain of 6.84% to date .
Over the longer term, Bligh Park has seen property prices show investors a 34.23% return over the last 3 years. This is worse than over the last 12 months
LACK OF BUYER INTEREST may well be the reason that Bligh Park is offering property investors an average of -4.11. This rate of discount on properties puts Suburb at number 184th in terms of most discounted suburbs in NSW
Bligh Park, 2756’s gross rental yield is 4.07%