With a capital gain of 5.45% for the last 12 months, Woombah, 2469 has performed for property investments than its average annual 3.74% property growth over the last 5 years.
Woombah,2469 was ranked 1326 in Australia by increase in median property value over the quarter.
At number 765th of NSW’s most discounted properties, Woombah is in the TOP 40% of the state/territory when listing in order of most discounted to least.
On average over the past year, suburb has had 1.33 sales per month, which equates to 16 per year.
With the median price for a house in Woombah being $382000 and the advertised rent reaching $375 the gross rental yield for property investors calculates out to be 5.10%