Over the last year, property investments in Moss Vale, 2577 have given investors a capital gain of 30.71%. This compares very favourably with the 9.05% for NSW as a whole.
Moss Vale,2577 has offered an average of 30.71% return per annum in house price rises to property investors over the last three years.
LACK OF BUYER INTEREST may well be the reason that Moss Vale is offering property investors an average of -5.45. This rate of discount on properties puts Suburb at number 976th in terms of most discounted suburbs in NSW
A $440 per week rent on the median house gives suburb investors a gross yield of circa 3.63%, without taking into account capital value appreciation, which has been averaging out at 7.87%.
At number 131th 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 20.75% recorded in median house prices.
Across a shorter period, Moss Vale, 2577 has seen a median price increase of 11.63% over the last quarter.
Sellers are offering property buyers an average discount of -2.94% to buyers in Moss Vale at the moment, which is less than average for the rest of NSW.
At number 210 in a list of fastest selling suburbs, Moss Vale is in the TOP 20% of suburbs in Australia with an average of days on market 47 for properties listed there.
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.