Property value increases in Moss Vale have tracked higher than the NSW average of 7.28% 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.
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 Moss Vale, 2577. Typically our figures indicate that -3.80% is being offered, which puts this NSW suburb at 3307th most discounted overall in Australia.
Often selling an investment property can take time, and in Moss Vale the average time real estate has been on the market is 67.73 days.
With the median price for a house in Moss Vale being $579500 and the advertised rent reaching $420 the gross rental yield for property investors calculates out to be 3.77%
With a capital gain of 7.50% for the last 12 months, Moss Vale, 2577 has performed for property investments than its average annual 5.44% property growth over the last 5 years.
Moss Vale,2577 was ranked 76 in Australia by increase in median property value over the quarter.
Property buyers and investors in Moss Vale 2577 should be seeing an average reduction in asking price of around -2.54% . This means that Moss Vale is holding prices well when compared to other suburbs in NSW.
Moss Vale, 2577’s gross rental yield is 4.84%
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.