Over the last year, property investments in Wollongong, 2500 have given investors a capital gain of 18.79%. This compares very favourably with the 6.38% for NSW as a whole.
Over the longer term, Wollongong has seen property prices show investors a 62.49% return over the last 3 years. This is worse than over the last 12 months
At number 1105th of NSW’s most discounted properties, Wollongong is in the TOP 20% of the state/territory when listing in order of most discounted to least.
Often selling an investment property can take time, and in Wollongong the average time real estate has been on the market is 54.13 days.
The NSW suburb of Wollongong, 2500 is in the Wollongong local government area.
Property value increases in Wollongong have tracked just higher than the NSW average of 5.59% over the last 12 months.
If we look at median property appreciation over just the last three months, Wollongong has given property investors a paper return of 4.89%. This puts Suburb as 99 on a list of fastest fasting appreciating suburbs in NSW
The most recent median price for Wollongong is $515000, with sellers offering an average of -4.12% off the asking price.
Advertised rents are around the $400 mark per week – giving a return of 4.04% based on the median price in Suburb