Property investors who have had real estate in Mulgoa, 2745 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 38.42%
If we look at median property appreciation over just the last three months, Mulgoa has given property investors a paper return of -4.30%. This puts Suburb as 1170 on a list of fastest fasting appreciating suburbs in NSW
LACK OF BUYER INTEREST may well be the reason that Mulgoa is offering property investors an average of -6.18. This rate of discount on properties puts Suburb at number 147th in terms of most discounted suburbs in NSW
A $610 per week rent on the median house gives suburb investors a gross yield of circa 2.59%, without taking into account capital value appreciation, which has been averaging out at 20.09%.