Investment property in Gunnedah has done pretty poorly for investors when compared to the country as a whole over the last 12 months, with an increase in the median house price of 0.46%
If we look at median property appreciation over just the last three months, Gunnedah has given property investors a paper return of 0.00%. This puts Suburb as 1085 on a list of fastest fasting appreciating suburbs in NSW
Property investors looking for a bargain in Gunnedah should be aiming for at least -7.48% off the asking price, which is the average vendor discount being achieved at the moment.
Property investors should expect to get $330 weekly from the median priced house in this suburb.
At number 1448th in the list of Australian suburbs ordered by increase in median house value over the last year, Gunnedah, 2380 is in the BOTTOM 20% with a property value increase of -6.13% recorded in median house prices.
Data for the last quarter indicates that, in the short term at least, the capital value growth rate for property investors in Gunnedah has increased when compared to the 5 year average annual rate.
The NSW suburb of Gunnedah, 2380 is in the Gunnedah local government area.