Property value increases in Murwillumbah have tracked just higher than the NSW average of 1.39% over the last 12 months.
Across a shorter period, Murwillumbah, 2484 has seen a median price increase of 5.21% over the last quarter.
LACK OF BUYER INTEREST may well be the reason that Murwillumbah is offering property investors an average of -7.36. This rate of discount on properties puts Suburb at number 846th in terms of most discounted suburbs in NSW
Situated 649.44km from the CBD, Murwillumbah is one of Tweed (A) localities in the postcode 2484.
Over the last year, property investments in Murwillumbah, 2484 have given investors a capital gain of 15.45%. This compares very favourably with the 0.24% for NSW as a whole.
While Murwillumbah,2484 ranked number 200th in NSW for increase in median house value (annualised) increase, it is ranked 13th over the last 5 years.
When looking to buy, or assessing what properties are really achieving at sale, it's essential for property investors to take into account what discounts are being offered in Murwillumbah, 2484. Typically our figures indicate that -5.43% is being offered, which puts this NSW suburb at 769th most discounted overall in Australia.
In the last year 43 properties changed hands in Murwillumbah, which puts it as the 278th most active market in NSW when comparing the number of sales per suburb.
Renters in Suburb are facing rents around $16640 per annum or $320 every week.