Investment property in Woolooware 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 16.11%
When looking at the potential capital gains offered to property investors over the last 3 years, Woolooware comes in at number 186th in NSW.
At number 676th of NSW’s most discounted properties, Woolooware is in the middle of the state/territory when listing in order of most discounted to least.
Woolooware is 982th on a list of best yielding suburbs for rents in NSW with a 2.52% return
Property investors who have had real estate in Woolooware, 2230 should be relatively 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 7.19%
A 57.69% growth in median value for property investors in Woolooware,2230 puts this suburb at number 205th in terms of best performing suburbs in NSW
Our latest figures would indicate that property sellers in Woolooware are currently offering property investors an average price cut of -3.82% below the asking price at the moment.
In the last year 74 properties changed hands in Woolooware, which puts it as the 208th most active market in NSW when comparing the number of sales per suburb.
Using the current median advertised rental of $420 and the average annual increase in value of a median property of 8.02%, investors should hope to achieve an overall return of 2.66%