Property value increases in Urunga have tracked just higher than the NSW average of 7.28% over the last 12 months.
Comparing Urunga,2455 ‘s 5year and quarterly average capital gain offered to property investors, it performed less well across the longer period
LACK OF BUYER INTEREST may well be the reason that Urunga is offering property investors an average of -5.49. This rate of discount on properties puts Suburb at number 634th in terms of most discounted suburbs in NSW
In the last year 82 properties changed hands in Urunga, which puts it as the 377th most active market in NSW when comparing the number of sales per suburb.
A $380 per week rent on the median house gives suburb investors a gross yield of circa 4.31%, without taking into account capital value appreciation, which has been averaging out at 2.83%.
Urunga, 2455 ranked 190th in NSW when comparing growth in median property values or capital gain over the last 12 months. Urunga is one of 3163 in our list for NSW
In the last year 10 properties changed hands in Urunga, which puts it as the 585th most active market in NSW when comparing the number of sales per suburb.
Advertised rents are around the $280 mark per week – giving a return of 5.20% based on the median price in Suburb