If you compare the increase in value of investment property in Murwillumbah, 2484 to the rest of Australia, it performed quite well. The median increase in value, or capital gain property investors experienced for this NSW suburb was 14.63%.
While Murwillumbah,2484 ranked number 454th in NSW for increase in median house value (annualised) increase, it is ranked 810th over the last 5 years.
Property buyers and investors in Murwillumbah 2484 should be seeing an average reduction in asking price of around -4.45% . This means that Murwillumbah is holding prices well when compared to other suburbs in NSW.
Residents and property investors in Murwillumbah have been waiting around 75.86 days to sell a property.
The five-year average increase in median property values for Murwillumbah,2484 has given property investors a potential capital gain of 82.43% across each of those five years.
State is the 7th most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -4.44% offered to property buyers. Sellers in Murwillumbah itself are offering an average vendor discount of -3.60% to real estate investors.
Murwillumbah is 47th on a list of best yielding suburbs for rents in NSW with a 5.59% return