Property investors who have had real estate in Woolooware, 2230 should be pleased 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 15.86%
Woolooware,2230 was ranked 594 in Australia by increase in median property value over the quarter.
Vendor discounting in Woolooware is giving property investors an average Vendor Discount of around -2.59%. This puts suburb at number 1163th in NSW when ranking the most discounted suburbs.
Property investors should expect to get $872.5 weekly from the median priced house in this suburb.
Property value increases in Woolooware have tracked close to the NSW average of 6.22% over the last 12 months.
Comparing Woolooware,2230 ‘s 5year and quarterly average capital gain offered to property investors, it performed less well across the longer period
Sellers are offering property buyers an average discount of -2.92% to buyers in Woolooware at the moment, which is less than average for the rest of NSW.
Often selling an investment property can take time, and in Woolooware the average time real estate has been on the market is 31.11 days.
Woolooware, 2230’s gross rental yield is 2.84%