Investment property in Broken Hill has done pretty poorly for investors when compared to the country as a whole over the last 12 months, with an increase in the median house price of 0.00%
The five-year average increase in median property values for Broken Hill,2880 has given property investors a potential capital gain of -8.33% across each of those five years.
Property buyers and investors in Broken Hill 2880 should be seeing an average reduction in asking price of around -9.65% . This means that Broken Hill is holding prices well when compared to other suburbs in NSW.
With the median price for a house in Broken Hill being $110000 and the advertised rent reaching $250 the gross rental yield for property investors calculates out to be 11.82%