Barraba has had a very poor year for property investment returns compared to the rest of NSW, giving investors a capital gain of -6.54% to date .
Data for the last quarter indicates that, in the short term at least, the capital value growth rate for property investors in Barraba has increased when compared to the 5 year average annual rate.
Property investors looking for a bargain in Barraba should be aiming for at least -12.74% off the asking price, which is the average vendor discount being achieved at the moment.
Often selling an investment property can take time, and in Barraba the average time real estate has been on the market is 111.53 days.
The NSW suburb of Barraba, 2347 is in the Tamworth Regional local government area.