NSW has seen average median house prices change by 7.15% which means that West Wollongong, 2500 has done well for property investors by showing a capital gain of 13.51% over the last year
A 39.42% growth in median value for property investors in West Wollongong,2500 puts this suburb at number 739th in terms of best performing suburbs in NSW
West Wollongong2500 is located in NSW which offers an average discount of -5.53% to property investors. West Wollongong itself is showing figures that indicate -3.51% is the average achievable by property buyers investing in the suburb.
A $470 per week rent on the median house gives suburb investors a gross yield of circa 3.90%, without taking into account capital value appreciation, which has been averaging out at 5.88%.
West Wollongong, 2500 ranked 73th in NSW when comparing growth in median property values or capital gain over the last 12 months. West Wollongong is one of 3162 in our list for NSW
Data for the last quarter indicates that, in the short term at least, the capital value growth rate for property investors in West Wollongong has increased when compared to the 5 year average annual rate.
West Wollongong, 2500 is offering NSW ‘s 373th 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.