Wollongbar has had a pretty average year for property investment returns compared to the rest of NSW, giving investors a capital gain of 5.38% to date .
If we look at median property appreciation over just the last three months, Wollongbar has given property investors a paper return of 0.10%. This puts Suburb as 1023 on a list of fastest fasting appreciating suburbs in NSW
Wollongbar, 2477 is offering NSW ‘s 895th most discounted properties when looking at the average discount being offered by vendors. This puts it in the bottom 30% of discounts offered by this NSW.
In the last year 61 properties changed hands in Wollongbar, which puts it as the 542th most active market in NSW when comparing the number of sales per suburb.
Advertised rents are around the $420 mark per week – giving a return of 4.46% based on the median price in Suburb
Wollongbar, 2477 ranked 386th in NSW when comparing growth in median property values or capital gain over the last 12 months. Wollongbar is one of 3163 in our list for NSW
When looking at the potential capital gains offered to property investors over the last 3 years, Wollongbar comes in at number 459th in NSW.
The most recent median price for Wollongbar is $349000, with sellers offering an average of -3.32% off the asking price.
On average over the past year, suburb has had 1.75 sales per month, which equates to 21 per year.
A $312.5 per week rent on the median house gives suburb investors a gross yield of circa 4.66%, without taking into account capital value appreciation, which has been averaging out at 3.63%.