Murwillumbah has had a pretty good year for property investment returns compared to the rest of NSW, giving investors a capital gain of 10.82% to date .
If we look at median property appreciation over just the last three months, Murwillumbah has given property investors a paper return of 3.07%. This puts Suburb as 589 on a list of fastest fasting appreciating suburbs in NSW
Property investors looking for a bargain in Murwillumbah should be aiming for at least -3.71% off the asking price, which is the average vendor discount being achieved at the moment.
Situated 643.90km from the CBD, Murwillumbah is one of Tweed localities in the postcode 2484.
Across a shorter period, Murwillumbah, 2484 has seen a median price increase of 10.87% over the last quarter.
Property buyers and investors in Murwillumbah 2484 should be seeing an average reduction in asking price of around -4.67% . This means that Murwillumbah is holding prices well when compared to other suburbs in NSW.