At number 526th in the list of Australian suburbs ordered by increase in median house value over the last year, Wollongong, 2500 is in the top 20% with a property value increase of 18.72% recorded in median house prices.
Across a shorter period, Wollongong, 2500 has seen a median price increase of 10.06% over the last quarter.
The most recent median price for Wollongong is $897500, with sellers offering an average of -5.11% off the asking price.
Situated 68.68km from the CBD, Wollongong is one of Wollongong localities in the postcode 2500.
Property investors who have had real estate in Wollongong, 2500 should be relatively pleased with this NSW suburb’s performance compared to the rest of the country. Over the last year it has seen median house prices increase in value by 10.10%
A 55.97% growth in median value for property investors in Wollongong,2500 puts this suburb at number 180th in terms of best performing suburbs in NSW
State is the 7th most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -4.13% offered to property buyers. Sellers in Wollongong itself are offering an average vendor discount of -4.22% to real estate investors.
In the last year 564 properties changed hands in Wollongong, which puts it as the 2nd most active market in NSW when comparing the number of sales per suburb.
Situated 51.20km from the CBD, Wollongong is one of Wollongong localities in the postcode 2500.