At number 3644th in the list of Australian suburbs ordered by increase in median house value over the last year, Moss Vale, 2577 is in the BOTTOM 20% with a property value increase of -13.22% recorded in median house prices.
If we look at median property appreciation over just the last three months, Moss Vale has given property investors a paper return of -8.57%. This puts Suburb as 1219 on a list of fastest fasting appreciating suburbs in NSW
Property investors looking for a bargain in Moss Vale should be aiming for at least -7.59% off the asking price, which is the average vendor discount being achieved at the moment.
Moss Vale, 2577 ranked 413th in NSW when comparing growth in median property values or capital gain over the last 12 months. Moss Vale is one of 3163 in our list for NSW
Across a shorter period, Moss Vale, 2577 has seen a median price increase of -5.06% over the last quarter.
Vendor discounting in Moss Vale is giving property investors an average Vendor Discount of around -6.04%. This puts suburb at number 243th in NSW when ranking the most discounted suburbs.
Moss Vale is 243th on a list of best yielding suburbs for rents in NSW with a 4.13% return
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Moss Vale’s tranquil setting in NSW’s Southern Highlands is becoming increasingly popular with treechangers – making it a good spot to look at picking up an investment property.
Some 110km south of Sydney, it offers an affordable alternative to Sydney and Canberra’s soaring house rents. The town is well connected by road and rail to the two major metropolitan centres and is a short drive from Bowral – the commercial heart of the Southern Highlands.
Many light and medium industries are found in and around the town, which also serves as a minor centre for agriculture. Shops and cafes are plentiful around the Illawarra Highway and the town is also well served for other amenities including primary and high schools.
“Its fairly popular with people from Sydney and many often work in the city only two or three days a week, so living in Moss Vale is an attractive option,” says Hindmarsh & Walsh director Frank Walsh.
He adds that the town has a good rental market. “There’s a strong demand for rentals and vacant properties don’t last long. It’s also a good entry environment into the Southern Highlands market – Moss Vale prices make it a good alternative to Bowral where houses are more expensive.”
SQM Research forecasts the town’s population of 7,339 will grow at an annual 2% for at least the next five years – fuelled by buyers seeking affordable properties and rural lifestyles within reach of major cities.