If you compare the increase in value of investment property in Muswellbrook, 2333 to the rest of Australia, it performed poorly. The median increase in value, or capital gain property investors experienced for this NSW suburb was -8.89%.
Muswellbrook,2333 was ranked 3976 in Australia by increase in median property value over the quarter.
Property buyers and investors in Muswellbrook 2333 should be seeing an average reduction in asking price of around -7.25% . This means that Muswellbrook is holding prices well when compared to other suburbs in NSW.
On average over the past year, suburb has had 14.58 sales per month, which equates to 175 per year.
The NSW suburb of Muswellbrook, 2333 is in the Muswellbrook local government area.
Property investors who have had real estate in Muswellbrook, 2333 should be unhappy with this NSW suburb’s performance compared to the rest of the country. Over the last year it has seen median house prices decrease in value by -15.85%
When looking at the potential capital gains offered to property investors over the last 3 years, Muswellbrook comes in at number 562th in NSW.
With the median price for a house in Muswellbrook being $172500 and the advertised rent reaching $250 the gross rental yield for property investors calculates out to be 7.54%