Over the last year, property investments in Wollongong, 2500 have given investors a capital gain of 19.45%. This compares very favourably with the 7.47% for NSW as a whole.
The five-year average increase in median property values for Wollongong,2500 has given property investors a potential capital gain of 73.55% across each of those five years.
Wollongong2500 is located in NSW which offers an average discount of -5.49% to property investors. Wollongong itself is showing figures that indicate -3.84% is the average achievable by property buyers investing in the suburb.
The NSW suburb of Wollongong, 2500 is in the Wollongong local government area.
With a capital gain of 14.57% for the last 12 months, Wollongong, 2500 has performed for property investments than its average annual 4.98% property growth over the last 5 years.
When looking at the potential capital gains offered to property investors over the last 3 years, Wollongong comes in at number 330th in NSW.
State is the 7th most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -4.41% offered to property buyers. Sellers in Wollongong itself are offering an average vendor discount of -3.59% to real estate investors.
Often selling an investment property can take time, and in Wollongong the average time real estate has been on the market is 46.92 days.
Wollongong is 273th on a list of best yielding suburbs for rents in NSW with a 4.14% return