Investment property in Tocumwal has done poorly for investors when compared to the country as a whole over the last 12 months, with an increase in the median house price of -5.87%
Taking the average capital gain, or increase in median house value, Tocumwal,2714 has racked up an average of -5.87% over the period. This ranks it number 3728th in the whole country for real estate investors looking at median house price increases.
Vendor discounting in Tocumwal is giving property investors an average Vendor Discount of around -5.53%. This puts suburb at number 491th in NSW when ranking the most discounted suburbs.
Often selling an investment property can take time, and in Tocumwal the average time real estate has been on the market is 117 days.
A $245 per week rent on the median house gives suburb investors a gross yield of circa 5.21%, without taking into account capital value appreciation, which has been averaging out at 0.59%.
The NSW suburb of Tocumwal, 2714 is in the Berrigan local government area.