If you compare the increase in value of investment property in Urunga, 2455 to the rest of Australia, it performed quite well. The median increase in value, or capital gain property investors experienced for this NSW suburb was 10.36%.
Across a shorter period, Urunga, 2455 has seen a median price increase of 4.16% over the last quarter.
State is the 7th most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -5.49% offered to property buyers. Sellers in Urunga itself are offering an average vendor discount of -5.63% to real estate investors.
At number 2778 in a list of fastest selling suburbs, Urunga is in the bottom 30% of suburbs in Australia with an average of days on market 104.97 for properties listed there.
Property investors should expect to get $380 weekly from the median priced house in this suburb.
Urunga is an average performer in NSW when comparing median price capital growth over the last year. Urunga gave property investors a good capital gain figure when compared to the rest of the state, with 8.86%.
On average over the past year, suburb has had 1.00 sales per month, which equates to 12 per year.
Property investors should expect to get $280 weekly from the median priced house in this suburb.