Property investors have seen a -1.85% drop in MOLONG based on a decrease in median home prices for the past three months.
Based on its average 5-year and quarterly capital gains MOLONG, 2866 saw average growth in the long term.
The NSW 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 $530,000
Profits averaged -2% per annum over a 3-year period, due to an downward trend in home prices in MOLONG, 2866.
This means, real estate investors could earn a rental income of $440 based on current median home prices for the suburb.
The gross rental yield in MOLONG, 2866 is 4.32%.
An average of 4.75 real estate transactions take place per month in MOLONG which translates to 57 per annum.