If you compare the increase in value of investment property in Murrumbateman, 2582 to the rest of Australia, it performed quite well. The median increase in value, or capital gain property investors experienced for this NSW suburb was 7.82%.
While Murrumbateman,2582 ranked number 256th in NSW for increase in median house value (annualised) increase, it is ranked 1048th over the last 5 years.
Property investors looking for a bargain in Murrumbateman should be aiming for at least -4.09% off the asking price, which is the average vendor discount being achieved at the moment.
With the median price for a house in Murrumbateman being $792500 and the advertised rent reaching $545 the gross rental yield for property investors calculates out to be 3.58%