With a capital gain of -2.27% for the last 12 months, Broken Hill, 2880 has performed for property investments than its average annual 3.37% property growth over the last 5 years.
Taking the average capital gain, or increase in median house value, Broken Hill,2880 has racked up an average of -2.27% over the period. This ranks it number 3851th in the whole country for real estate investors looking at median house price increases.
LACK OF BUYER INTEREST may well be the reason that Broken Hill is offering property investors an average of -5.49. This rate of discount on properties puts Suburb at number 9th in terms of most discounted suburbs in NSW