Investment property in Woolgoolga has done pretty poorly for investors when compared to the country as a whole over the last 12 months, with an increase in the median house price of 0.24%
Taking the average capital gain, or increase in median house value, Woolgoolga,2456 has racked up an average of 0.24% over the period. This ranks it number 2251th in the whole country for real estate investors looking at median house price increases.
The most recent median price for Woolgoolga is $418000, with sellers offering an average of -5.18% off the asking price.
Woolgoolga is 221th on a list of best yielding suburbs for rents in NSW with a 4.98% return
Property value increases in Woolgoolga have tracked lower than the NSW average of 8.14% over the last 12 months.
Woolgoolga,2456 was ranked 1651 in Australia by increase in median property value over the quarter.
Property buyers and investors in Woolgoolga 2456 should be seeing an average reduction in asking price of around -4.45% . This means that Woolgoolga is holding prices well when compared to other suburbs in NSW.
At number 1303 in a list of fastest selling suburbs, Woolgoolga is in the bottom 20% of suburbs in Australia with an average of days on market 115.26 for properties listed there.
A $426 per week rent on the median house gives suburb investors a gross yield of circa 7.86%, without taking into account capital value appreciation, which has been averaging out at 1.83%.