NSW has seen average median house prices change by 9.05% which means that Wollongong, 2500 has done well for property investors by showing a capital gain of 17.91% over the last year
Comparing Wollongong,2500 ‘s 5year and quarterly average capital gain offered to property investors, it performed less well across the longer period
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 Wollongong, 2500. Typically our figures indicate that -4.48% is being offered, which puts this NSW suburb at 2823th most discounted overall in Australia.
Renters in Suburb are facing rents around $6000 per annum or $500 every week.
NSW has seen average median house prices change by 6.22% which means that Wollongong, 2500 has done well for property investors by showing a capital gain of 11.81% over the last year
Wollongong,2500 has offered an average of 11.81% return per annum in house price rises to property investors over the last three years.
Wollongong2500 is located in NSW which offers an average discount of -4.26% to property investors. Wollongong itself is showing figures that indicate -3.41% is the average achievable by property buyers investing in the suburb.
A $420 per week rent on the median house gives suburb investors a gross yield of circa 4.16%, without taking into account capital value appreciation, which has been averaging out at 5.14%.