If you compare the increase in value of investment property in Merriwa, 2329 to the rest of Australia, it performed quite well. The median increase in value, or capital gain property investors experienced for this NSW suburb was 9.84%.
Data for the last quarter indicates that, in the short term at least, the capital value growth rate for property investors in Merriwa has increased when compared to the 5 year average annual rate.
State is the 7th most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -5.28% offered to property buyers. Sellers in Merriwa itself are offering an average vendor discount of -9.21% to real estate investors.
Renters in Suburb are facing rents around $2940 per annum or $245 every week.