Property investors who have had real estate in Muswellbrook, 2333 should be relatively unhappy with this NSW suburb’s performance compared to the rest of the country. Over the last year it has seen median house prices unmoved in value by 0.00%
When looking at the potential capital gains offered to property investors over the last 3 years, Muswellbrook comes in at number 1363th in NSW.
Property investors looking for a bargain in Muswellbrook should be aiming for at least -4.47% off the asking price, which is the average vendor discount being achieved at the moment.
On average over the past year, suburb has had 16.58 sales per month, which equates to 199 per year.
A $275 per week rent on the median house gives suburb investors a gross yield of circa 5.02%, without taking into account capital value appreciation, which has been averaging out at 1.61%.
Over the last year, property investments in Muswellbrook, 2333 have given investors a capital gain of 0.00%. This compares very badly with the 8.39% for NSW as a whole.
Comparing Muswellbrook,2333 ‘s 5year and quarterly average capital gain offered to property investors, it performed better across the longer period
In the last year 16 properties changed hands in Muswellbrook, which puts it as the 504th most active market in NSW when comparing the number of sales per suburb.
Advertised rents are around the $260 mark per week – giving a return of 6.60% based on the median price in Suburb