If you compare the increase in value of investment property in West Wollongong, 2500 to the rest of Australia, it performed quite well. The median increase in value, or capital gain property investors experienced for this NSW suburb was 11.07%.
Across a shorter period, West Wollongong, 2500 has seen a median price increase of 3.78% over the last quarter.
At number 931th of NSW’s most discounted properties, West Wollongong is in the TOP 30% of the state/territory when listing in order of most discounted to least.
West Wollongong, 2500’s gross rental yield is 4.06%
West Wollongong is in the TOP 10% in NSW when comparing median price capital growth over the last year. West Wollongong gave property investors a very good capital gain figure when compared to the rest of the state, with 31.19%.
A 85.96% growth in median value for property investors in West Wollongong,2500 puts this suburb at number 20th in terms of best performing suburbs in NSW
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 -3.49% is being offered, which puts this NSW suburb at 1181th most discounted overall in Australia.
The NSW suburb of West Wollongong, 2500 is in the Wollongong local government area.