A survey of average capital gains or median home price increase in suburbs across the country shows that the NSW suburb obtained a -2.33% decrease over a ten-year period. It ranks 3952nd on our list of suburbs that property investors should look into.
BROKEN HILL, 2880 has a capital gain of -6.98% for the past year, which is lower than average compared to its -13.04% growth within a five-year period.
With the median home price in BROKEN HILL sitting at $100,000, and the average rent at $250, property owners could potentially earn a 13% increase in gross rental yield.
Figures from the previous quarter show that capital gains for real estate buyers in BROKEN HILL are high, as opposed to average gains per annum over the past five years.
BROKEN HILL, 2880 in NSW belongs to the local government area of Broken Hill.