Giving property investors a a solid capital gain of 16.44% for the last year, Gunnedah, 2380 is the 392th highest performer in Australia in this respect.
Gunnedah,2380 was ranked 793 in Australia by increase in median property value over the quarter.
State is the 7th most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -5.53% offered to property buyers. Sellers in Gunnedah itself are offering an average vendor discount of -6.24% to real estate investors.
Often selling an investment property can take time, and in Gunnedah the average time real estate has been on the market is 110.58 days.
Situated 329.49km from the CBD, Gunnedah is one of Gunnedah localities in the postcode 2380.
With a capital gain of -0.10% for the last 12 months, Gunnedah, 2380 has performed for property investments than its average annual 3.42% property growth over the last 5 years.
A 10.93% growth in median value for property investors in Gunnedah,2380 puts this suburb at number 460th in terms of best performing suburbs in NSW
Advertised rents are around the $270 mark per week – giving a return of 5.48% based on the median price in Suburb