Woy Woy has had a pretty good year for property investment returns compared to the rest of NSW, giving investors a capital gain of 14.04% to date .
Data for the last quarter indicates that, in the short term at least, the capital value growth rate for property investors in Woy Woy has increased when compared to the 5 year average annual rate.
Sellers are offering property buyers an average discount of -5.06% to buyers in Woy Woy at the moment, which is less than average for the rest of NSW.
Residents and property investors in Woy Woy have been waiting around 48.45 days to sell a property.
With the median price for a house in Woy Woy being $650000 and the advertised rent reaching $420 the gross rental yield for property investors calculates out to be 3.36%
Property value increases in Woy Woy have tracked just lower than the NSW average of 8.01% over the last 12 months.
If we look at median property appreciation over just the last three months, Woy Woy has given property investors a paper return of 4.17%. This puts Suburb as 143 on a list of fastest fasting appreciating suburbs in NSW
At number 412th of NSW’s most discounted properties, Woy Woy is in the TOP 20% of the state/territory when listing in order of most discounted to least.
Residents and property investors in Woy Woy have been waiting around 64.88 days to sell a property.
A $410 per week rent on the median house gives suburb investors a gross yield of circa 4.26%, without taking into account capital value appreciation, which has been averaging out at 5.81%.