NSW has seen average median house prices change by 6.38% which means that Dorrigo, 2453 has done well for property investors by showing a capital gain of 8.31% over the last year
The five-year average increase in median property values for Dorrigo,2453 has given property investors a potential capital gain of 20.57% across each of those five years.
LACK OF BUYER INTEREST may well be the reason that Dorrigo is offering property investors an average of -5.50. This rate of discount on properties puts Suburb at number 375th in terms of most discounted suburbs in NSW
Using the current median advertised rental of $295 and the average annual increase in value of a median property of 4.42%, investors should hope to achieve an overall return of 4.80%