With a capital gain of -4.58% for the last 12 months, Barraba, 2347 has performed for property investments than its average annual 1.97% property growth over the last 5 years.
While Barraba,2347 ranked number 1230th in NSW for increase in median house value (annualised) increase, it is ranked 1140th over the last 5 years.
Property buyers and investors in Barraba 2347 should be seeing an average reduction in asking price of around -12.09% . This means that Barraba is holding prices well when compared to other suburbs in NSW.
In the last year 35 properties changed hands in Barraba, which puts it as the 713th most active market in NSW when comparing the number of sales per suburb.
Using the current median advertised rental of $205 and the average annual increase in value of a median property of 1.97%, investors should hope to achieve an overall return of 8.53%