Over the last year, property investments in Gunnedah, 2380 have given investors a capital gain of 12.37%. This compares favourably with the 8.99% for NSW as a whole.
While Gunnedah,2380 ranked number 356th in NSW for increase in median house value (annualised) increase, it is ranked 754th over the last 5 years.
Property buyers and investors in Gunnedah 2380 should be seeing an average reduction in asking price of around -6.03% . This means that Gunnedah is holding prices well when compared to other suburbs in NSW.
A $320 per week rent on the median house gives suburb investors a gross yield of circa 4.95%, without taking into account capital value appreciation, which has been averaging out at 7.63%.
At number 139th in the list of Australian suburbs ordered by increase in median house value over the last year, Gunnedah, 2380 is in the top 10% with a property value increase of 19.23% recorded in median house prices.
Gunnedah,2380 has offered an average of 19.23% return per annum in house price rises to property investors over the last three years.