Moss Vale, 2577 ranked 56th in NSW when comparing growth in median property values or capital gain over the last 12 months. Moss Vale is one of 3163 in our list for NSW
If we look at median property appreciation over just the last three months, Moss Vale has given property investors a paper return of -1.48%. This puts Suburb as 1181 on a list of fastest fasting appreciating suburbs in NSW
Vendor discounting in Moss Vale is giving property investors an average Vendor Discount of around -3.76%. This puts suburb at number 902th in NSW when ranking the most discounted suburbs.
In the last year 179 properties changed hands in Moss Vale, which puts it as the 86th most active market in NSW when comparing the number of sales per suburb.
Situated 105.87km from the CBD, Moss Vale is one of Wingecarribee localities in the postcode 2577.
Property value increases in Moss Vale have tracked higher than the NSW average of 8.63% over the last 12 months.
Comparing Moss Vale,2577 ‘s 5year and quarterly average capital gain offered to property investors, it performed less well across the longer period
Sellers are offering property buyers an average discount of -3.36% to buyers in Moss Vale at the moment, which is less than average for the rest of NSW.
On average over the past year, suburb has had 2.67 sales per month, which equates to 32 per year.
Renters in Suburb are facing rents around $4800 per annum or $400 every week.
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.