Over the last year, property investments in West Wollongong, 2500 have given investors a capital gain of 13.24%. This compares favourably with the 6.87% for NSW as a whole.
Comparing West Wollongong,2500 ‘s 5year and quarterly average capital gain offered to property investors, it performed less well across the longer period
LACK OF BUYER INTEREST may well be the reason that West Wollongong is offering property investors an average of -5.49. This rate of discount on properties puts Suburb at number 1089th in terms of most discounted suburbs in NSW
Advertised rents are around the $500 mark per week – giving a return of 4.00% based on the median price in Suburb
With a capital gain of 16.22% for the last 12 months, West Wollongong, 2500 has performed for property investments than its average annual 7.75% property growth over the last 5 years.
When looking to buy, or assessing what properties are really achieving at sale, it's essential for property investors to take into account what discounts are being offered in West Wollongong, 2500. Typically our figures indicate that -2.90% is being offered, which puts this NSW suburb at 1347th most discounted overall in Australia.