Giving property investors a a stable capital gain of 9.29% for the last year, Woonona, 2517 is the 1088th highest performer in Australia in this respect.
If we look at median property appreciation over just the last three months, Woonona has given property investors a paper return of 2.89%. This puts Suburb as 481 on a list of fastest fasting appreciating suburbs in NSW
LACK OF BUYER INTEREST may well be the reason that Woonona is offering property investors an average of -5.50. This rate of discount on properties puts Suburb at number 1120th in terms of most discounted suburbs in NSW
Woonona is 742th on a list of best yielding suburbs for rents in NSW with a 3.38% return
With a capital gain of 7.60% for the last 12 months, Woonona, 2517 has performed for property investments than its average annual 6.00% property growth over the last 5 years.
If we look at median property appreciation over just the last three months, Woonona has given property investors a paper return of 1.51%. This puts Suburb as 257 on a list of fastest fasting appreciating suburbs in NSW
Property investors looking for a bargain in Woonona should be aiming for at least -5.30% off the asking price, which is the average vendor discount being achieved at the moment.
Often selling an investment property can take time, and in Woonona the average time real estate has been on the market is 35.53 days.
Using the current median advertised rental of $410 and the average annual increase in value of a median property of 6.00%, investors should hope to achieve an overall return of 3.96%