Investment property in Willoughby has done well for investors when compared to the country as a whole over the last 12 months, with an increase in the median house price of 14.53%
Comparing Willoughby,2068 ‘s 5year and quarterly average capital gain offered to property investors, it performed less well across the longer period
State is the 7th most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -5.50% offered to property buyers. Sellers in Willoughby itself are offering an average vendor discount of -0.86% to real estate investors.
At number 646th in the list of Australian suburbs ordered by increase in median house value over the last year, Willoughby, 2068 is in the top 40% with a property value increase of 5.69% recorded in median house prices.
If we look at median property appreciation over just the last three months, Willoughby has given property investors a paper return of 4.23%. This puts Suburb as 127 on a list of fastest fasting appreciating suburbs in NSW
Property investors looking for a bargain in Willoughby should be aiming for at least -4.99% off the asking price, which is the average vendor discount being achieved at the moment.