At number 665th in the list of Australian suburbs ordered by increase in median house value over the last year, West Wollongong, 2500 is in the top 20% with a property value increase of 13.82% recorded in median house prices.
A 47.50% growth in median value for property investors in West Wollongong,2500 puts this suburb at number 495th in terms of best performing suburbs in NSW
Vendor discounting in West Wollongong is giving property investors an average Vendor Discount of around -3.67%. This puts suburb at number 1025th in NSW when ranking the most discounted suburbs.
The NSW suburb of West Wollongong, 2500 is in the Wollongong local government area.
Giving property investors a a solid capital gain of 14.82% for the last year, West Wollongong, 2500 is the 223th highest performer in Australia in this respect.
The five-year average increase in median property values for West Wollongong,2500 has given property investors a potential capital gain of 36.15% across each of those five years.
West Wollongong, 2500 is offering NSW ‘s 415th most discounted properties when looking at the average discount being offered by vendors. This puts it in the bottom 20% of discounts offered by this NSW.
Using the current median advertised rental of $350 and the average annual increase in value of a median property of 8.43%, investors should hope to achieve an overall return of 4.11%