Giving property investors a a poor capital gain of -16.60% for the last year, Finley, 2713 is the 3934th highest performer in Australia in this respect.
The five-year average increase in median property values for Finley,2713 has given property investors a potential capital gain of -14.65% across each of those five years.
Finley2713 is located in NSW which offers an average discount of -6.32% to property investors. Finley itself is showing figures that indicate -8.44% is the average achievable by property buyers investing in the suburb.
Property investors should expect to get $230 weekly from the median priced house in this suburb.
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House prices plummet in service suburb
Median house price: $154,000
Three-year growth: 10.2%
Rental yield: 7.6%
The suburb of Finley is part of the biggest town in the Berrigan Shire LGA. It is a major service centre for the Berriquin Irrigation Area, and exports dairy and agricultural products to Sydney and Melbourne.
The Finley Railway Museum is one of the suburb’s top attractions. The parks are great spots for a picnic and for unwinding, offering views of lakes and lagoons. St Joseph’s School, Finley High School, Finley Public School and a Riverina TAFE campus are established here, with students coming from the suburbs of Berrigan, Tocumwal, Jeriderie and Blighty.
Following a period of growth from 2014-2016, house values dropped significantly by 15% in the February 2018-2019 period.