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 11.29%.
The five-year average increase in median property values for Mittagong,2575 has given property investors a potential capital gain of 71.25% across each of those five years.
Property buyers and investors in Mittagong 2575 should be seeing an average reduction in asking price of around -4.40% . This means that Mittagong is holding prices well when compared to other suburbs in NSW.
Advertised rents are around the $480 mark per week – giving a return of 3.64% based on the median price in Suburb
Over the last year, property investments in Mittagong, 2575 have given investors a capital gain of -21.90%. This compares very badly with the 6.07% for NSW as a whole.
Across a shorter period, Mittagong, 2575 has seen a median price increase of -22.86% over the last quarter.
Mittagong2575 is located in NSW which offers an average discount of -4.33% to property investors. Mittagong itself is showing figures that indicate -3.39% is the average achievable by property buyers investing in the suburb.