NSW has seen average median house prices change by -2.10% which means that Murwillumbah, 2484 has not done well for property investors by showing a capital gain of -2.91% over the last year
Data for the last quarter indicates that, in the short term at least, the capital value growth rate for property investors in Murwillumbah has increased when compared to the 5 year average annual rate.
Property investors looking for a bargain in Murwillumbah should be aiming for at least -5.89% off the asking price, which is the average vendor discount being achieved at the moment.
Often selling an investment property can take time, and in Murwillumbah the average time real estate has been on the market is 96.2656 days.
Murwillumbah is 193th on a list of best yielding suburbs for rents in NSW with a 4.89% return
Over the last year, property investments in Murwillumbah, 2484 have given investors a capital gain of -34.53%. This compares very badly with the -2.98% for NSW as a whole.
Data for the last quarter indicates that, in the short term at least, the capital value growth rate for property investors in Murwillumbah has fallen somewhat when compared to the 5 year average annual rate.
In the last year 11 properties changed hands in Murwillumbah, which puts it as the 533th most active market in NSW when comparing the number of sales per suburb.
Murwillumbah, 2484’s gross rental yield is 12.15%