Property value increases in Moss Vale have tracked higher than the NSW average of 7.15% over the last 12 months.
Across a shorter period, Moss Vale, 2577 has seen a median price increase of 9.15% over the last quarter.
LACK OF BUYER INTEREST may well be the reason that Moss Vale is offering property investors an average of -5.53. This rate of discount on properties puts Suburb at number 1022th in terms of most discounted suburbs in NSW
Using the current median advertised rental of $420 and the average annual increase in value of a median property of 6.27%, investors should hope to achieve an overall return of 4.11%
At number 1311th in the list of Australian suburbs ordered by increase in median house value over the last year, Moss Vale, 2577 is in the BOTTOM 30% with a property value increase of -3.16% recorded in median house prices.
The five-year average increase in median property values for Moss Vale,2577 has given property investors a potential capital gain of 37.10% across each of those five years.
Moss Vale2577 is located in NSW which offers an average discount of -4.48% to property investors. Moss Vale itself is showing figures that indicate -2.24% is the average achievable by property buyers investing in the suburb.
Property investors should expect to get $420 weekly from the median priced house in this suburb.
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.