Property investors who have had real estate in Broken Hill, 2880 should be relatively unhappy with this NSW suburb’s performance compared to the rest of the country. Over the last year it has seen median house prices decrease in value by -1.48%
Across a shorter period, Broken Hill, 2880 has seen a median price increase of -13.04% over the last quarter.
Property investors looking for a bargain in Broken Hill should be aiming for at least -10.97% off the asking price, which is the average vendor discount being achieved at the moment.
Often selling an investment property can take time, and in Broken Hill the average time real estate has been on the market is 141.08 days.