Wollongbar has had a pretty good year for property investment returns compared to the rest of NSW, giving investors a capital gain of 12.20% to date .
A 21.75% growth in median value for property investors in Wollongbar,2477 puts this suburb at number 320th in terms of best performing suburbs in NSW
Wollongbar2477 is located in NSW which offers an average discount of -5.49% to property investors. Wollongbar itself is showing figures that indicate -4.10% is the average achievable by property buyers investing in the suburb.
Advertised rents are around the $420 mark per week – giving a return of 4.24% based on the median price in Suburb
If you compare the increase in value of investment property in Wollongbar, 2477 to the rest of Australia, it performed somewhat poorly. The median increase in value, or capital gain property investors experienced for this NSW suburb was -1.27%.
The most recent median price for Wollongbar is $350000, with sellers offering an average of -2.80% off the asking price.
At number 1021 in a list of fastest selling suburbs, Wollongbar is in the bottom 40% of suburbs in Australia with an average of days on market 91.84 for properties listed there.
Renters in Suburb are facing rents around $3600 per annum or $300 every week.