Nyngan

A steady increase in median property prices over a five-year period in the suburb translates to a 23.81% capital gain.

Property investors in NYNGAN enjoyed capital gains of 8.33% over the last 12 months translating to lower returns compared with its peers in the territory.

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 $260,000.

Profits due to an upward trend in home prices there averaged 7.94% per annum over a 3-year period.

Home owners selling their properties and realtors in NYNGAN usually have to wait an average of N/A days before their assets are lifted off the market.

Average weekly rents on listings have reached the $400 mark, reflecting a 8% increase in returns based on the current median price in NYNGAN.

NYNGAN, 2825 places th in Australia based on median property value growth during the quarter.