Property investors who have had real estate in Mittagong, 2575 should be relatively pleased with this NSW suburb’s performance compared to the rest of the country. Over the last year it has seen median house prices increase in value by 12.70%
Data for the last quarter indicates that, in the short term at least, the capital value growth rate for property investors in Mittagong has increased when compared to the 5 year average annual rate.
When looking to buy, or assessing what properties are really achieving at sale, it's essential for property investors to take into account what discounts are being offered in Mittagong, 2575. Typically our figures indicate that -4.00% is being offered, which puts this NSW suburb at 2973th most discounted overall in Australia.
Renters in Suburb are facing rents around $5820 per annum or $485 every week.
At number 1692th in the list of Australian suburbs ordered by increase in median house value over the last year, Mittagong, 2575 is in the BOTTOM 10% with a property value increase of -23.17% recorded in median house prices.
While Mittagong,2575 ranked number 375th in NSW for increase in median house value (annualised) increase, it is ranked 313th over the last 5 years.
Mittagong, 2575 is offering NSW ‘s 315th most discounted properties when looking at the average discount being offered by vendors. This puts it in the bottom 40% of discounts offered by this NSW.