NSW has seen average median house prices change by 1.39% which means that Nyngan, 2825 has done well for property investors by showing a capital gain of -1.33% over the last year
Taking the average capital gain, or increase in median house value, Nyngan,2825 has racked up an average of -1.33% over the period. This ranks it number 664th in the whole country for real estate investors looking at median house price increases.
LACK OF BUYER INTEREST may well be the reason that Nyngan is offering property investors an average of -7.36. This rate of discount on properties puts Suburb at number 1077th in terms of most discounted suburbs in NSW
Using the current median advertised rental of $220 and the average annual increase in value of a median property of 1.57%, investors should hope to achieve an overall return of 7.73%