Merriwa is in the bottom 10% in NSW when comparing median price capital growth over the last year. Merriwa gave property investors a dismal capital gain figure when compared to the rest of the state, with -10.41%.
Over the longer term, Merriwa has seen property prices show investors a -10.70% return over the last 3 years. This is an improvement over the last 12 months
Property investors looking for a bargain in Merriwa should be aiming for at least -9.00% off the asking price, which is the average vendor discount being achieved at the moment.