Property value increases in Moorebank have tracked just higher than the NSW average of 0.15% over the last 12 months.
Moorebank,2170 was ranked 1300 in Australia by increase in median property value over the quarter.
At number 591th of NSW’s most discounted properties, Moorebank is in the TOP 30% of the state/territory when listing in order of most discounted to least.
Property investors should expect to get $570 weekly from the median priced house in this suburb.
With a capital gain of 3.62% for the last 12 months, Moorebank, 2170 has performed for property investments than its average annual 7.20% property growth over the last 5 years.
A 33.04% growth in median value for property investors in Moorebank,2170 puts this suburb at number 161th in terms of best performing suburbs in NSW
Property buyers and investors in Moorebank 2170 should be seeing an average reduction in asking price of around -5.16% . This means that Moorebank is holding prices well when compared to other suburbs in NSW.
Residents and property investors in Moorebank have been waiting around 73.4091 days to sell a property.
Using the current median advertised rental of $490 and the average annual increase in value of a median property of 7.20%, investors should hope to achieve an overall return of 4.16%
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Moorebank is an average performer in NSW when comparing median price capital growth over the last year. Moorebank gave property investors a average capital gain figure when compared to the rest of the state, with 2.02%.
Over the longer term, Moorebank has seen property prices show investors a 17.17% return over the last 3 years. This is worse than over the last 12 months.
Vendor discounting in Moorebank is giving property investors an average Vendor Discount of around -7.34%. This puts suburb at number 753th in NSW when ranking the most discounted suburbs.
Good safe community feel with many activities. Moorebank is a pretty suburb near Liverpool, it is close enough to Liverpool, but also far enough away. It just seems to be a newly developing, revitalised, and up and coming area.
Selling points: It is neat, clean, Recommended for professionals, singles, families with kids and retirees
Most sought-after properties: Houses
Most common properties:
Top amenities: New Brighton Golf Club
Best streets: Hillcrest Avenue, for peace and quiet. Flanagan Avenue, a happy quiet street with no through traffic but a short walk to shops and schools
Public transport: On the train line for easy access
Main arteries: M5 South Western Motorway and Newbridge Road