At number 200th in the list of Australian suburbs ordered by increase in median house value over the last year, Moss Vale, 2577 is in the top 10% with a property value increase of 21.74% recorded in median house prices.
Over the longer term, Moss Vale has seen property prices show investors a 40.00% return over the last 3 years. This is worse than over the last 12 months
Property buyers and investors in Moss Vale 2577 should be seeing an average reduction in asking price of around -3.86% . This means that Moss Vale is holding prices well when compared to other suburbs in NSW.
Over the last year, property investments in Moss Vale, 2577 have given investors a capital gain of -0.25%. This compares badly with the 5.59% for NSW as a whole.
When looking at the potential capital gains offered to property investors over the last 3 years, Moss Vale comes in at number 22th in NSW.
Vendor discounting in Moss Vale is giving property investors an average Vendor Discount of around -2.68%. This puts suburb at number 420th in NSW when ranking the most discounted suburbs.
Often selling an investment property can take time, and in Moss Vale the average time real estate has been on the market is 51.66 days.
Renters in Suburb are facing rents around $4980 per annum or $415 every week.
Moss Vale's tranquil setting in NSW’s Southern Highlands is becoming increasingly popular with treechangers – making it a good spot to look at picking up an investment property. Full summary
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Moss Vale’s tranquil setting in NSW’s Southern Highlands is becoming increasingly popular with treechangers – making it a good spot to look at picking up an investment property.
Some 110km south of Sydney, it offers an affordable alternative to Sydney and Canberra’s soaring house rents. The town is well connected by road and rail to the two major metropolitan centres and is a short drive from Bowral – the commercial heart of the Southern Highlands.
Many light and medium industries are found in and around the town, which also serves as a minor centre for agriculture. Shops and cafes are plentiful around the Illawarra Highway and the town is also well served for other amenities including primary and high schools.
“Its fairly popular with people from Sydney and many often work in the city only two or three days a week, so living in Moss Vale is an attractive option,” says Hindmarsh & Walsh director Frank Walsh.
He adds that the town has a good rental market. “There’s a strong demand for rentals and vacant properties don’t last long. It’s also a good entry environment into the Southern Highlands market – Moss Vale prices make it a good alternative to Bowral where houses are more expensive.”
SQM Research forecasts the town’s population of 7,339 will grow at an annual 2% for at least the next five years – fuelled by buyers seeking affordable properties and rural lifestyles within reach of major cities.