Woongarrah is in the TOP 20% in NSW when comparing median price capital growth over the last year. Woongarrah gave property investors a very good capital gain figure when compared to the rest of the state, with 15.91%.
If we look at median property appreciation over just the last three months, Woongarrah has given property investors a paper return of 2.00%. This puts Suburb as 727 on a list of fastest fasting appreciating suburbs in NSW
State is the 7th most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -5.49% offered to property buyers. Sellers in Woongarrah itself are offering an average vendor discount of -4.52% to real estate investors.
With the median price for a house in Woongarrah being $637500 and the advertised rent reaching $500 the gross rental yield for property investors calculates out to be 4.08%