While Woolloomooloo,2011 ranked number 87th in NSW for increase in median house value (annualised) increase, it is ranked 426th over the last 5 years.
Renters in Suburb are facing rents around $8640 per annum or $720 every week.
Property value increases in Woolloomooloo have tracked just lower than the NSW average of 8.14% over the last 12 months.
Woolloomooloo,2011 has offered an average of 4.70% return per annum in house price rises to property investors over the last three years.
Our latest figures would indicate that property sellers in Woolloomooloo are currently offering property investors an average price cut of -6.53% below the asking price at the moment.
At number 67 in a list of fastest selling suburbs, Woolloomooloo is in the TOP 10% of suburbs in Australia with an average of days on market 34.5 for properties listed there.