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 40.31% to date .
Across a shorter period, Moss Vale, 2577 has seen a median price increase of 9.78% over the last quarter.
Moss Vale, 2577 is offering NSW ‘s 976th most discounted properties when looking at the average discount being offered by vendors. This puts it in the bottom 20% of discounts offered by this NSW.
On average over the past year, suburb has had 16.58 sales per month, which equates to 199 per year.
Moss Vale, 2577’s gross rental yield is 3.40%
Moss Vale is in the TOP 20% in NSW when comparing median price capital growth over the last year. Moss Vale gave property investors a very good capital gain figure when compared to the rest of the state, with 20.00%.
Taking the average capital gain, or increase in median house value, Moss Vale,2577 has racked up an average of 20.00% over the period. This ranks it number 176th in the whole country for real estate investors looking at median house price increases.
The most recent median price for Moss Vale is $480000, with sellers offering an average of -3.30% off the asking price.
The NSW suburb of Moss Vale, 2577 is in the Wingecarribee local government area.
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.