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Bangalow, NSW 2479

If you’re looking to buy, rent, or invest in property, it’s important to do your research on the suburb first. This includes looking at house prices, real estate rental market data, and other advanced metrics. Here, we’ve compiled that information for Bangalow, NSW 2479 to help you make an informed decision about your property choice in this suburb.





Market Snapshot

This page provides an overview of the area’s real estate market. The data in this snapshot illustrates typical price, median rent and gross yield metrics for this suburb. You are able to visualise these 3 key metrics as well as other important indicators in the dashboard section that follows.

Buy 

2BR

3BR

4BR

5BR

Rent 

2BR

3BR

4BR

5BR

Yield 

2BR

3BR

4BR

5BR

Buy 

1BR

2BR

3BR

Rent 

1BR

2BR

3BR

Yield 

1BR

2BR

3BR

Lower Risk RCS™

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Capital Growth RCS™

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Cashflow RCS™

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Essentials
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Yield chart
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GRC chart
Fundamentals
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IRSAD chart
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Renters to owners pie chart
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unit to houses pie charts
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Demand chart
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Inventory chart
Supply

Stock on Market

Inventory

Hold Period

Building Approvals

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SOM chart
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Inventory chart
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Inventory chart
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Hold chart
Demand

Days on Market

Vacancy Rate

Clearance Rate

Search Index

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DOM chart
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Inventory chart
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Index chart
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Auction chart

How was this calculated? Typical Price is a continuous metric calculated via a process called data fitting. Median Rent is weekly advertised rent based on rentals over the preceding 12 months. Gross Yield is Median Rent x 52 x 100 / Typical Price. To discover additional information, click the “i” icon in the top left corner of each graph or visit the Data Dictionary page.

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0 thoughts on “Bangalow, NSW 2479”

  1. The total adult population (15 years or older) of Bangalow 2479 NSW is 2,135, with a median age of 40. Of those, 46.14% are married, 12.97% are divorced or separated, 36.77% are single and 4.07% are widowed.

    The average household size is 2.7 people per dwelling, and the median household monthly income is estimated to be $9,200. The median monthly mortgage repayment for households in this suburb is $2,170 which is 23.59% of their earnings.

    Source: ABS Census Data (2021)

  2. The leafy suburb of Bangalow, postcode 2479, is nestled in the heart of New South Wales, and is home to approximately 1,258 households. As we creep further into the third quarter of 2023, the Bangalow property market starts to display some interesting metrics for those with an eye for investment.

    Typically, houses in Bangalow are commanding prices around the $1,415,424 mark. Coupled with a solid median weekly rent of $1,072, there’s an attractive indicative yield of approximately 3.94% to be enjoyed. This healthy yield crosses the threshold of the minimum 3% yield requirement, presenting a potentially attractive cash-flow for property investors.

    Adding to Bangalow’s considerable appeal is a strong IRSAD score of 1,082 out of a possible 1,217. This indicates a high socio-economic status among the residents, hinting at an economically stable environment. The suburb also has a favourable renter to owner ratio of just 26%, indicating a good balance of homeowners living in their properties and rented dwellings. When it comes to property composition, Bangalow leans heavily towards houses with a paltry 3% consisting of units, apartments, and flats, which could maintain strong rental demand with less competition amongst landlords.

    However, the affordability index in this peaceful hamlet is a bit of an eyebrow-raiser. At a high of 60 years to fully own a property, it is double the standard 30-year mortgage assumption and indicates a less affordable market.

    Looking into the supply metrics, Bangalow shows signs of a favourable low supply. This includes a minimal stock on market percentage for houses at 0.09% and the inventory level for houses being a mere 0.36 months, an example of rapid market absorption. Even so, the building approval ratio for houses doesn’t thrive in the same story, standing at a slightly above-neutral 0.43%.

    On the demand side, there are some areas for improvement such as a high 172 days on market for houses, implying lower demand, or a slower moving property market. Vacancy rates hover at 1.87% which is just below the neutral limit, indicating a middling demand. However, the suburb enjoys high demand reflected by a buy search index for houses hitting a considerable score of 6.

    In conclusion, while there are a few challenging areas, Bangalow holds potential for savvy property investors. As with everything in real estate investment, periodic monitoring of market developments would ensure timely response to change. If you’re looking to simplify your property market research, be sure to take advantage of data tools like the Relative Composite Score (RCS) developed by HtAG analytics.

    It’s important to note that the above analysis provides a snapshot of current value metrics but doesn’t consider metric trends, which can also significantly influence investment decisions. Moreover, some metrics have greater importance than others based on various factors, a nuance that must be understood for a holistic analysis.

    Join HtAG Analytics to visualise these metrics trends, and gain a deeper understanding of their importance. By becoming part of HtAG Analytics, you will be empowered to make informed decisions, discerning which metrics are more significant in the context of your property investment strategy.

    This content serves to inform and does not constitute investment advice. Property investment involves risks and uncertainties, and professional advice should be sought before making any investment decisions. By leveraging expert guidance, potential investors can ensure a comprehensive understanding of the complex property investment landscape.

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