NSW has seen average median house prices change by 9.74% which means that Werris Creek, 2341 has done well for property investors by showing a capital gain of 28.57% over the last year
The five-year average increase in median property values for Werris Creek,2341 has given property investors a potential capital gain of 20.23% across each of those five years.
LACK OF BUYER INTEREST may well be the reason that Werris Creek is offering property investors an average of -5.35. This rate of discount on properties puts Suburb at number 45th in terms of most discounted suburbs in NSW
In the last year 32 properties changed hands in Werris Creek, which puts it as the 926th most active market in NSW when comparing the number of sales per suburb.
Using the current median advertised rental of $215 and the average annual increase in value of a median property of 4.12%, investors should hope to achieve an overall return of 7.10%