With a capital gain of -0.79% for the last 12 months, Broken Hill, 2880 has performed for property investments than its average annual 2.33% property growth over the last 5 years.
Taking the average capital gain, or increase in median house value, Broken Hill,2880 has racked up an average of -0.79% over the period. This ranks it number 507th in the whole country for real estate investors looking at median house price increases.
Broken Hill, 2880 is offering NSW ‘s 52th most discounted properties when looking at the average discount being offered by vendors. This puts it in the TOP 10% of discounts offered by this NSW.
At number 3314 in a list of fastest selling suburbs, Broken Hill is in the bottom 10% of suburbs in Australia with an average of days on market 117.178 for properties listed there.
Using the current median advertised rental of $270 and the average annual increase in value of a median property of 2.33%, investors should hope to achieve an overall return of 11.23%