If you compare the increase in value of investment property in Woolooware, 2230 to the rest of Australia, it performed around average. The median increase in value, or capital gain property investors experienced for this NSW suburb was 3.62%.
Taking the average capital gain, or increase in median house value, Woolooware,2230 has racked up an average of 3.62% over the period. This ranks it number 306th in the whole country for real estate investors looking at median house price increases.
LACK OF BUYER INTEREST may well be the reason that Woolooware is offering property investors an average of -5.50. This rate of discount on properties puts Suburb at number 1193th in terms of most discounted suburbs in NSW
Renters in Suburb are facing rents around $9840 per annum or $820 every week.
Property value increases in Woolooware have tracked higher than the NSW average of 5.59% over the last 12 months.
Woolooware,2230 has offered an average of 13.36% return per annum in house price rises to property investors over the last three years.
Woolooware, 2230 is offering NSW ‘s 424th most discounted properties when looking at the average discount being offered by vendors. This puts it in the bottom 10% of discounts offered by this NSW.
A $425 per week rent on the median house gives suburb investors a gross yield of circa 2.82%, without taking into account capital value appreciation, which has been averaging out at 9.03%.