Over the last year, property investments in Mittagong, 2575 have given investors a capital gain of 15.14%. This compares favourably with the 8.99% for NSW as a whole.
Mittagong,2575 was ranked 1532 in Australia by increase in median property value over the quarter.
State is the 7th most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -5.52% offered to property buyers. Sellers in Mittagong itself are offering an average vendor discount of -4.47% to real estate investors.
Advertised rents are around the $460 mark per week – giving a return of 3.81% based on the median price in Suburb
If you compare the increase in value of investment property in Mittagong, 2575 to the rest of Australia, it performed quite well. The median increase in value, or capital gain property investors experienced for this NSW suburb was 11.81%.
Mittagong,2575 has offered an average of 11.81% return per annum in house price rises to property investors over the last three years.
Mittagong2575 is located in NSW which offers an average discount of -4.45% to property investors. Mittagong itself is showing figures that indicate -4.86% is the average achievable by property buyers investing in the suburb.
Residents and property investors in Mittagong have been waiting around 140.35 days to sell a property.