Property value increases in Moss Vale have tracked higher than the NSW average of 9.74% over the last 12 months.
Data for the last quarter indicates that, in the short term at least, the capital value growth rate for property investors in Moss Vale has increased when compared to the 5 year average annual rate.
At number 1004th of NSW’s most discounted properties, Moss Vale is in the TOP 20% of the state/territory when listing in order of most discounted to least.
Situated 103.89km from the CBD, Moss Vale is one of Wingecarribee localities in the postcode 2577.
Investment property in Moss Vale has done well for investors when compared to the country as a whole over the last 12 months, with an increase in the median house price of 19.70%
If we look at median property appreciation over just the last three months, Moss Vale has given property investors a paper return of 5.49%. This puts Suburb as 118 on a list of fastest fasting appreciating suburbs in NSW
Moss Vale2577 is located in NSW which offers an average discount of -4.23% to property investors. Moss Vale itself is showing figures that indicate -3.21% is the average achievable by property buyers investing in the suburb.
In the last year 35 properties changed hands in Moss Vale, which puts it as the 346th most active market in NSW when comparing the number of sales per suburb.
Property investors should expect to get $400 weekly from the median priced house in this suburb.
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.