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Hi All,
I would like your opinions on where to buy an investment property…
I am currently looking at Cessnock or Muswellbrook.
Cessnock is close to Sydney, Newcastle, property is affordable and there is alot of Dev proposals ie HEZ. and current rezoning in the area.
Muswellbrook has alot more mining in the area.
My budget is 200k to 250k
Suburb Postcode Median Price Quarterley Growth 12 mth Growth Ave Annual Growth (PA 10 Yrs) 3yr Growth 5yr Growth Med wkly Ad rent Gross Yield No Sold Days on Market Cessnock 2325 220,000 0 2.33 12.16 11.96 11.11 150 5.91 226 72 Muswellbrook 2333 286,000 4.32 10.7 9.89 17.8 32.9 280 5.1 260 73 Thanks Adrian
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