If you compare the increase in value of investment property in Broken Hill, 2880 to the rest of Australia, it performed very well. The median increase in value, or capital gain property investors experienced for this NSW suburb was 14.29%.
Comparing Broken Hill,2880 ‘s 5year and quarterly average capital gain offered to property investors, it performed less well across the longer period
Vendor discounting in Broken Hill is giving property investors an average Vendor Discount of around -9.08%. This puts suburb at number 154th in NSW when ranking the most discounted suburbs.
Residents and property investors in Broken Hill have been waiting around 113.378 days to sell a property.
With the median price for a house in Broken Hill being $120000 and the advertised rent reaching $260 the gross rental yield for property investors calculates out to be 11.27%