MALLABULA, 2319 ranks 558th on the best performing suburbs in Australia in terms of capital gains, returning capital gains of 16.58% for property investors.
Based on its average 5-year and quarterly capital gains, the suburb saw average growth in the long term.
The suburb also delivered a weaker performance in contrast to other Australian suburbs in terms of appreciation of property value. Investors saw the median home price rise to $429,000.
The upward trend in home prices in MALLABULA, 2319 averaged 9.35% per annum over a 3-year period.
Average weekly rents on listings have reached the $350 mark, reflecting a 4.24% increase in returns based on the current median price in MALLABULA.
An average of 2.17 real estate transactions take place per month in MALLABULA which translates to 26 per annum.
26 properties were sold in MALLABULA in 2016, making it the 760th most active market in NSW based on total real estate transactions.
MALLABULA, 2319 places 690th in Australia based on median property value growth during the quarter.
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