Bangor Property Insights - June 2025

Bangor, NSW 2234: A Family-Oriented, Leafy Suburb

LBangor continues to offer family-friendly living with spacious homes, parks, and access to nature while remaining connected to Sydney’s southern suburbs. The suburb covers 4.1 square kilometres, has 11 parks (2.8% of the total area), and is home to 5,536 residents, reflecting a small population decline of 0.6% since 2016, but still maintains high stability with 90.9% owner-occupiers

Housing Market Trends

The Bangor housing market remains strong and steady:

  • Median house price: $1.58 million (up 0.3% over the past year)

  • Upper quartile: $1.67 million

  • Lower quartile: $1.45 million

  • Median rent: $970/week

  • Rental yield: 3.4%

  • Average tenure: 15.5 years

  • Average days on market: 28 days

House prices have remained relatively stable following strong growth between 2020 and 2022

Unit Market Trends

Bangor’s unit market, while smaller, is growing:

  • Median unit price: $1.10 million (up 6.7% year-on-year)

  • Upper quartile: $1.29 million

  • Lower quartile: $1.03 million

  • Median rent: $720/week

  • Rental yield: 3.6%

  • Average tenure: 12.9 years

  • Average days on market: 35.5 days

Unit price growth in Bangor has been stronger than houses over the past year, reflecting increasing demand for more affordable entry points in the suburb

Bangor

Land Market

The land market is virtually non-existent, with just 1 land sale recorded in the past 12 months, highlighting the scarcity of new development opportunities

Rental Market

Bangor’s rental market is stable and moderately active:

  • Median rent for houses: $970/week

  • Median rent for units: $720/week

  • Rental yield: 3.4% for houses, 3.6% for units

  • Rental growth: House rents increased 2.1% over the past year, while the unit rental market had minimal activity but maintains strong yields

Recent Market Activity

Bangor saw robust activity across all property types:

  • 54 house sales in the past year, with most between $1M–$2M and 3 homes selling above $2M.

  • 16 unit sales, primarily in the $1M–$2M range, continuing the growth of this segment.

  • Only 1 land sale occurred, reinforcing the tightly held nature of the suburb.

Listings remain relatively low, with 46 new house listings and 10 new unit listings, resulting in a total of 51 houses and 11 units currently listed

Community and Lifestyle

Bangor is a family-focused, mature suburb with strong income levels:

  • 52.6% of households are couples with children, above the Sutherland Shire average of 49.4%.

  • The predominant age group is 60–69 years, highlighting the long-term, established resident base.

  • 32.4% of households earn over $182,000 annually, significantly higher than the Sutherland average of 27.2%.

This reflects a stable, professional population with long tenure and strong financial stability.

Investment Potential

Bangor continues to offer excellent long-term potential:

  • Stable house prices and rising unit values

  • Consistent rental yields above 3%

  • A highly desirable family-focused community with limited stock and land availability

  • Attractive for investors, families, and downsizers looking for lifestyle, stability, and capital growth.

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Sandy Point Property Insights - May 2025