Based on its average 5-year and quarterly capital gains MUSWELLBROOK, 2333 saw average growth in the long term.
A survey of average capital gains or median home price increase in suburbs across the country shows that MUSWELLBROOK, 2333 obtained a 2.28% growth over a ten-year period. It ranks 2826th on our list of suburbs that property investors should look into.
MUSWELLBROOK, 2333 in NSW belongs to the local government area of Muswellbrook.
MUSWELLBROOK, 2333 has a capital gain of 15.67% for the past year, which is higher than average compared to its -6.06% growth within a five-year period.
With the median home price in MUSWELLBROOK sitting at $310,000, and the average rent at $290, property owners could potentially earn a 4.86% increase in gross rental yield.
Figures from the previous quarter show that capital gains for real estate buyers in MUSWELLBROOK are high, as opposed to average gains per annum over the past five years.
MUSWELLBROOK, 2333 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 $242,500.
Home owners selling their properties and realtors in MUSWELLBROOK usually have to wait an average of 158.3 days days before their assets are lifted off the market.
Average weekly rents on listings have reached the $290 mark, reflecting a 6.22% increase in returns based on the current median price in MUSWELLBROOK.
MUSWELLBROOK, 2333 places 67th in Australia based on median property value growth during the quarter.