With a capital gain of 3.82% for the last 12 months, Gunnedah, 2380 has performed for property investments than its average annual 4.36% property growth over the last 5 years.
Over the longer term, Gunnedah has seen property prices show investors a 17.24% return over the last 3 years. This is worse than over the last 12 months
Gunnedah, 2380 is offering NSW ‘s 306th most discounted properties when looking at the average discount being offered by vendors. This puts it in the TOP 30% of discounts offered by this NSW.
Using the current median advertised rental of $350 and the average annual increase in value of a median property of 4.36%, investors should hope to achieve an overall return of 5.35%
Over the last year, property investments in Gunnedah, 2380 have given investors a capital gain of 1.31%. This compares badly with the 5.36% for NSW as a whole.
A -8.86% growth in median value for property investors in Gunnedah,2380 puts this suburb at number 87th in terms of best performing suburbs in NSW
Vendor discounting in Gunnedah is giving property investors an average Vendor Discount of around -7.88%. This puts suburb at number 22th in NSW when ranking the most discounted suburbs.
On average over the past year, suburb has had 1.92 sales per month, which equates to 23 per year.
Renters in Suburb are facing rents around $3600 per annum or $300 every week.