NSW has seen average median house prices change by 2.31% which means that Murwillumbah, 2484 has done well for property investors by showing a capital gain of 10.87% over the last year
The five-year average increase in median property values for Murwillumbah,2484 has given property investors a potential capital gain of 58.88% across each of those five years.
Murwillumbah2484 is located in NSW which offers an average discount of -7.17% to property investors. Murwillumbah itself is showing figures that indicate -5.25% is the average achievable by property buyers investing in the suburb.
A $440 per week rent on the median house gives suburb investors a gross yield of circa 4.49%, without taking into account capital value appreciation, which has been averaging out at 3.42%.
Property investors who have had real estate in Murwillumbah, 2484 should be pleased with this NSW suburb’s performance compared to the rest of the country. Over the last year it has seen median house prices increase in value by 28.25%
Murwillumbah,2484 has offered an average of 28.25% return per annum in house price rises to property investors over the last three years.
Property investors looking for a bargain in Murwillumbah should be aiming for at least -5.13% off the asking price, which is the average vendor discount being achieved at the moment.
In the last year 46 properties changed hands in Murwillumbah, which puts it as the 266th most active market in NSW when comparing the number of sales per suburb.
The NSW suburb of Murwillumbah, 2484 is in the Tweed (A) local government area.