Investment property in Murwillumbah has done not badly for investors when compared to the country as a whole over the last 12 months, with an increase in the median house price of 6.67%
When looking at the potential capital gains offered to property investors over the last 3 years, Murwillumbah comes in at number 906th in NSW.
Property investors looking for a bargain in Murwillumbah should be aiming for at least -3.38% off the asking price, which is the average vendor discount being achieved at the moment.
The NSW suburb of Murwillumbah, 2484 is in the Tweed local government area.
Property value increases in Murwillumbah have tracked just higher than the NSW average of 5.59% over the last 12 months.
If we look at median property appreciation over just the last three months, Murwillumbah has given property investors a paper return of 0.00%. This puts Suburb as 364 on a list of fastest fasting appreciating suburbs in NSW
Sellers are offering property buyers an average discount of -4.73% to buyers in Murwillumbah at the moment, which is less than average for the rest of NSW.
Situated 468.23km from the CBD, Murwillumbah is one of Tweed localities in the postcode 2484.