With a capital gain of 12.17% for the last 12 months, Woonona, 2517 has performed for property investments than its average annual 6.98% property growth over the last 5 years.
Comparing Woonona,2517 ‘s 5year and quarterly average capital gain offered to property investors, it performed less well across the longer period
Woonona2517 is located in NSW which offers an average discount of -5.49% to property investors. Woonona itself is showing figures that indicate -3.06% is the average achievable by property buyers investing in the suburb.
Property investors should expect to get $535 weekly from the median priced house in this suburb.
NSW has seen average median house prices change by 6.07% which means that Woonona, 2517 has done well for property investors by showing a capital gain of 16.00% over the last year
The five-year average increase in median property values for Woonona,2517 has given property investors a potential capital gain of 71.34% across each of those five years.
Sellers are offering property buyers an average discount of -5.54% to buyers in Woonona at the moment, which is less than average for the rest of NSW.
At number 161 in a list of fastest selling suburbs, Woonona is in the TOP 20% of suburbs in Australia with an average of days on market 42.85 for properties listed there.
Using the current median advertised rental of $400 and the average annual increase in value of a median property of 6.98%, investors should hope to achieve an overall return of 3.59%