NSW has seen average median house prices change by 7.15% which means that Murwillumbah, 2484 has done well for property investors by showing a capital gain of 6.90% over the last year
When looking at the potential capital gains offered to property investors over the last 3 years, Murwillumbah comes in at number 938th in NSW.
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 Murwillumbah itself are offering an average vendor discount of -3.81% to real estate investors.
The NSW suburb of Murwillumbah, 2484 is in the Tweed local government area.
Murwillumbah is in the bottom 20% in NSW when comparing median price capital growth over the last year. Murwillumbah gave property investors a dismal capital gain figure when compared to the rest of the state, with -3.70%.
Murwillumbah,2484 has offered an average of -3.70% return per annum in house price rises to property investors over the last three years.
When looking to buy, or assessing what properties are really achieving at sale, it's essential for property investors to take into account what discounts are being offered in Murwillumbah, 2484. Typically our figures indicate that -4.81% is being offered, which puts this NSW suburb at 826th most discounted overall in Australia.
Using the current median advertised rental of $370 and the average annual increase in value of a median property of 7.55%, investors should hope to achieve an overall return of 8.69%