Numurkah has had a very poor year for property investment returns compared to the rest of VIC, giving investors a capital gain of -12.36% to date .
While Numurkah,3636 ranked number 583th in VIC for increase in median house value (annualised) increase, it is ranked 571th over the last 5 years.
Property investors looking for a bargain in Numurkah should be aiming for at least -5.86% off the asking price, which is the average vendor discount being achieved at the moment.
Residents and property investors in Numurkah have been waiting around 149.09 days to sell a property.
Advertised rents are around the $180 mark per week – giving a return of 5.67% based on the median price in Suburb