Wollongbar has had a pretty good year for property investment returns compared to the rest of NSW, giving investors a capital gain of 11.83% to date .
Taking the average capital gain, or increase in median house value, Wollongbar,2477 has racked up an average of 11.83% over the period. This ranks it number 1395th in the whole country for real estate investors looking at median house price increases.
Property buyers and investors in Wollongbar 2477 should be seeing an average reduction in asking price of around -3.89% . This means that Wollongbar is holding prices well when compared to other suburbs in NSW.
Often selling an investment property can take time, and in Wollongbar the average time real estate has been on the market is 90.76 days.
Renters in Suburb are facing rents around $5160 per annum or $430 every week.
Property investors who have had real estate in Wollongbar, 2477 should be relatively unhappy with this NSW suburb’s performance compared to the rest of the country. Over the last year it has seen median house prices decrease in value by -1.27%
Our latest figures would indicate that property sellers in Wollongbar are currently offering property investors an average price cut of -2.80% below the asking price at the moment.
With the median price for a house in Wollongbar being $350000 and the advertised rent reaching $300 the gross rental yield for property investors calculates out to be 4.46%