With a capital gain of 7.69% for the last 12 months, Moss Vale, 2577 has performed for property investments than its average annual 5.37% property growth over the last 5 years.
Taking the average capital gain, or increase in median house value, Moss Vale,2577 has racked up an average of 7.69% over the period. This ranks it number 1564th in the whole country for real estate investors looking at median house price increases.
Our latest figures would indicate that property sellers in Moss Vale are currently offering property investors an average price cut of -3.88% below the asking price at the moment.
A $400 per week rent on the median house gives suburb investors a gross yield of circa 4.24%, without taking into account capital value appreciation, which has been averaging out at 5.37%.
Giving property investors a an average capital gain of 3.77% for the last year, Moss Vale, 2577 is the 886th highest performer in Australia in this respect.
Over the longer term, Moss Vale has seen property prices show investors a 63.06% return over the last 3 years. This is worse than over the last 12 months
Our latest figures would indicate that property sellers in Moss Vale are currently offering property investors an average price cut of -2.15% below the asking price at the moment.
With the median price for a house in Moss Vale being $399500 and the advertised rent reaching $420 the gross rental yield for property investors calculates out to be 5.47%
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.