Over the last year, property investments in South Murwillumbah, 2484 have given investors a capital gain of -0.63%. This compares favourably with the -4.21% for NSW as a whole.
South Murwillumbah,2484 was ranked 1114 in Australia by increase in median property value over the quarter.
Property investors looking for a bargain in South Murwillumbah should be aiming for at least -8.20% off the asking price, which is the average vendor discount being achieved at the moment.
Using the current median advertised rental of $460 and the average annual increase in value of a median property of 1.49%, investors should hope to achieve an overall return of 6.06%