If we look at median property appreciation over just the last three months, Woolloomooloo has given property investors a paper return of 7.97%. This puts Suburb as 92 on a list of fastest fasting appreciating suburbs in NSW
Advertised rents are around the $720 mark per week – giving a return of 2.30% based on the median price in Suburb
Giving property investors a an unimpressive capital gain of -4.30% for the last year, Woolloomooloo, 2011 is the 1367th highest performer in Australia in this respect.
Taking the average capital gain, or increase in median house value, Woolloomooloo,2011 has racked up an average of -4.30% over the period. This ranks it number 583th in the whole country for real estate investors looking at median house price increases.
LACK OF BUYER INTEREST may well be the reason that Woolloomooloo is offering property investors an average of -4.48. This rate of discount on properties puts Suburb at number 75th in terms of most discounted suburbs in NSW
At number 149 in a list of fastest selling suburbs, Woolloomooloo is in the TOP 20% of suburbs in Australia with an average of days on market 44.3 for properties listed there.
Woolloomooloo is 291th on a list of best yielding suburbs for rents in NSW with a 4.15% return