Singleton is in the bottom 40% in NSW when comparing median price capital growth over the last year. Singleton gave property investors a disappointing capital gain figure when compared to the rest of the state, with 4.62%.
Across a shorter period, Singleton, 2330 has seen a median price increase of 4.62% over the last quarter.
At number 197th of NSW’s most discounted properties, Singleton is in the bottom 20% of the state/territory when listing in order of most discounted to least.
Situated 140.84km from the CBD, Singleton is one of Singleton localities in the postcode 2330.
With a capital gain of -15.90% for the last 12 months, Singleton, 2330 has performed for property investments than its average annual 3.60% property growth over the last 5 years.
Singleton,2330 was ranked 1394 in Australia by increase in median property value over the quarter.
LACK OF BUYER INTEREST may well be the reason that Singleton is offering property investors an average of -4.33. This rate of discount on properties puts Suburb at number 15th in terms of most discounted suburbs in NSW
Using the current median advertised rental of $250 and the average annual increase in value of a median property of 3.60%, investors should hope to achieve an overall return of 7.12%