Murwillumbah has had a pretty good year for property investment returns compared to the rest of NSW, giving investors a capital gain of 11.70% to date .
When looking at the potential capital gains offered to property investors over the last 3 years, Murwillumbah comes in at number 936th in NSW.
Property investors looking for a bargain in Murwillumbah should be aiming for at least -3.58% off the asking price, which is the average vendor discount being achieved at the moment.
Murwillumbah, 2484’s gross rental yield is 5.14%
Property investors who have had real estate in Murwillumbah, 2484 should be pleased with this NSW suburb’s performance compared to the rest of the country. Over the last year it has seen median house prices increase in value by 35.59%
Across a shorter period, Murwillumbah, 2484 has seen a median price increase of 8.35% over the last quarter.
Sellers are offering property buyers an average discount of -4.77% to buyers in Murwillumbah at the moment, which is less than average for the rest of NSW.
At number 929 in a list of fastest selling suburbs, Murwillumbah is in the bottom 40% of suburbs in Australia with an average of days on market 87.13 for properties listed there.