If you compare the increase in value of investment property in Wollongbar, 2477 to the rest of Australia, it performed around average. The median increase in value, or capital gain property investors experienced for this NSW suburb was 5.24%.
Over the longer term, Wollongbar has seen property prices show investors a 18.28% return over the last 3 years. This is worse than over the last 12 months
Wollongbar, 2477 is offering NSW ‘s 620th most discounted properties when looking at the average discount being offered by vendors. This puts it in the middle of discounts offered by this NSW.
With the median price for a house in Wollongbar being $482000 and the advertised rent reaching $390 the gross rental yield for property investors calculates out to be 4.21%
Over the last year, property investments in Wollongbar, 2477 have given investors a capital gain of -0.63%. This compares very badly with the 6.59% for NSW as a whole.
Wollongbar,2477 has offered an average of -0.63% return per annum in house price rises to property investors over the last three years.
LACK OF BUYER INTEREST may well be the reason that Wollongbar is offering property investors an average of -4.48. This rate of discount on properties puts Suburb at number 332th in terms of most discounted suburbs in NSW
On average over the past year, suburb has had 1.42 sales per month, which equates to 17 per year.