Over the last year, property investments in Gunnedah, 2380 have given investors a capital gain of 5.80%. This compares averagely with the 6.38% for NSW as a whole.
Comparing Gunnedah,2380 ‘s 5year and quarterly average capital gain offered to property investors, it performed less well across the longer period
Property buyers and investors in Gunnedah 2380 should be seeing an average reduction in asking price of around -6.95% . This means that Gunnedah is holding prices well when compared to other suburbs in NSW.
On average over the past year, suburb has had 11.50 sales per month, which equates to 138 per year.
Using the current median advertised rental of $330 and the average annual increase in value of a median property of 5.01%, investors should hope to achieve an overall return of 5.30%
Giving property investors a a poor capital gain of -23.45% for the last year, Gunnedah, 2380 is the 1718th highest performer in Australia in this respect.
Over the longer term, Gunnedah has seen property prices show investors a -22.11% return over the last 3 years. This is worse than over the last 12 months
Gunnedah is 23th on a list of best yielding suburbs for rents in NSW with a 6.38% return