Over the last year, property investments in Broken Hill, 2880 have given investors a capital gain of 9.59%. This compares very favourably with the -4.21% for NSW as a whole.
Over the longer term, Broken Hill has seen property prices show investors a 14.29% return over the last 3 years. This is worse than over the last 12 months
Our latest figures would indicate that property sellers in Broken Hill are currently offering property investors an average price cut of -8.99% below the asking price at the moment.
Using the current median advertised rental of $260 and the average annual increase in value of a median property of -0.06%, investors should hope to achieve an overall return of 11.27%