Over the last year, property investments in South Murwillumbah, 2484 have given investors a capital gain of 20.55%. This compares very favourably with the 11.53% for NSW as a whole.
South Murwillumbah,2484 was ranked 312 in Australia by increase in median property value over the quarter.
Our latest figures would indicate that property sellers in South Murwillumbah are currently offering property investors an average price cut of -5.90% below the asking price at the moment.
With the median price for a house in South Murwillumbah being $440000 and the advertised rent reaching $440 the gross rental yield for property investors calculates out to be 5.20%