Property investors who have had real estate in Wolli Creek, 2205 should be ok with this NSW suburb’s performance compared to the rest of the country. Over the last year it has seen median house prices increase in value by 1.03%
Data for the last quarter indicates that, in the short term at least, the capital value growth rate for property investors in Wolli Creek has increased when compared to the 5 year average annual rate.
Vendor discounting in Wolli Creek is giving property investors an average Vendor Discount of around -4.97%. This puts suburb at number 162th in NSW when ranking the most discounted suburbs.
Using the current median advertised rental of $600 and the average annual increase in value of a median property of 6.51%, investors should hope to achieve an overall return of 4.24%