Moss Vale has had a A very good year for property investment returns compared to the rest of NSW, giving investors a capital gain of 25.87% to date .
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.
Our latest figures would indicate that property sellers in Moss Vale are currently offering property investors an average price cut of -3.86% below the asking price at the moment.
On average over the past year, suburb has had 18.58 sales per month, which equates to 223 per year.
Giving property investors a a stable capital gain of 7.50% for the last year, Moss Vale, 2577 is the 517th highest performer in Australia in this respect.
Moss Vale,2577 has offered an average of 7.50% return per annum in house price rises to property investors over the last three years.
Property buyers and investors in Moss Vale 2577 should be seeing an average reduction in asking price of around -2.68% . This means that Moss Vale is holding prices well when compared to other suburbs in NSW.
Advertised rents are around the $400 mark per week – giving a return of 4.84% based on the median price in 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
Information supplied by:
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.