Over the last year, property investments in Moss Vale, 2577 have given investors a capital gain of 31.58%. This compares very favourably with the 8.26% for NSW as a whole.
While Moss Vale,2577 ranked number 157th in NSW for increase in median house value (annualised) increase, it is ranked 409th over the last 5 years.
Sellers are offering property buyers an average discount of -3.74% to buyers in Moss Vale at the moment, which is less than average for the rest of NSW.
Situated 103.24km from the CBD, Moss Vale is one of Wingecarribee localities in the postcode 2577.
If you compare the increase in value of investment property in Moss Vale, 2577 to the rest of Australia, it performed very well. The median increase in value, or capital gain property investors experienced for this NSW suburb was 21.52%.
When looking at the potential capital gains offered to property investors over the last 3 years, Moss Vale comes in at number 93th in NSW.
The most recent median price for Moss Vale is $480000, with sellers offering an average of -3.37% off the asking price.
Situated 97.90km from the CBD, Moss Vale is one of Wingecarribee localities in the postcode 2577.
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.