If you compare the increase in value of investment property in Berrigan, 2712 to the rest of Australia, it performed somewhat poorly. The median increase in value, or capital gain property investors experienced for this NSW suburb was -1.17%.
If we look at median property appreciation over just the last three months, Berrigan has given property investors a paper return of 1.19%. This puts Suburb as 851 on a list of fastest fasting appreciating suburbs in NSW
State is the 7th most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -5.22% offered to property buyers. Sellers in Berrigan itself are offering an average vendor discount of -8.53% to real estate investors.
Often selling an investment property can take time, and in Berrigan the average time real estate has been on the market is 121.07 days.
Renters in Suburb are facing rents around $2250 per annum or $187.5 every week.