At number 3302th in the list of Australian suburbs ordered by increase in median house value over the last year, Murrumbateman, 2582 is in the BOTTOM 30% with a property value increase of 3.02% recorded in median house prices.
Data for the last quarter indicates that, in the short term at least, the capital value growth rate for property investors in Murrumbateman has increased when compared to the 5 year average annual rate.
State is the 6th most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -4.73% offered to property buyers. Sellers in Murrumbateman itself are offering an average vendor discount of -4.24% to real estate investors.
In the last year 68 properties changed hands in Murrumbateman, which puts it as the 508th most active market in NSW when comparing the number of sales per suburb.
Advertised rents are around the $607.5 mark per week – giving a return of 3.53% based on the median price in Suburb