Property value increases in Willoughby have tracked just higher than the NSW average of 7.15% over the last 12 months.
When looking at the potential capital gains offered to property investors over the last 3 years, Willoughby comes in at number 501th in NSW.
Sellers are offering property buyers an average discount of -0.71% to buyers in Willoughby at the moment, which is less than average for the rest of NSW.
Advertised rents are around the $995 mark per week – giving a return of 2.61% based on the median price in Suburb
Property value increases in Willoughby have tracked just higher than the NSW average of 6.59% over the last 12 months.
Across a shorter period, Willoughby, 2068 has seen a median price increase of 0.71% over the last quarter.
LACK OF BUYER INTEREST may well be the reason that Willoughby is offering property investors an average of -4.48. This rate of discount on properties puts Suburb at number 52th in terms of most discounted suburbs in NSW
Residents and property investors in Willoughby have been waiting around 34.32 days to sell a property.
A $540 per week rent on the median house gives suburb investors a gross yield of circa 3.58%, without taking into account capital value appreciation, which has been averaging out at 6.47%.