Over the last year, property investments in Merriwa, 2329 have given investors a capital gain of 32.50%. This compares very favourably with the 7.47% for NSW as a whole.
The five-year average increase in median property values for Merriwa,2329 has given property investors a potential capital gain of 38.74% across each of those five years.
Property investors looking for a bargain in Merriwa should be aiming for at least -8.49% off the asking price, which is the average vendor discount being achieved at the moment.
Using the current median advertised rental of $240 and the average annual increase in value of a median property of 4.89%, investors should hope to achieve an overall return of 4.71%