With a capital gain of 7.87% for the last 12 months, Murrumbateman, 2582 has performed for property investments than its average annual 4.64% property growth over the last 5 years.
A 16.06% growth in median value for property investors in Murrumbateman,2582 puts this suburb at number 214th in terms of best performing suburbs in NSW
Property investors looking for a bargain in Murrumbateman should be aiming for at least -3.81% off the asking price, which is the average vendor discount being achieved at the moment.
Often selling an investment property can take time, and in Murrumbateman the average time real estate has been on the market is 116.54 days.
Using the current median advertised rental of $545 and the average annual increase in value of a median property of 4.64%, investors should hope to achieve an overall return of 3.56%