Woonona, 2517 ranked 280th in NSW when comparing growth in median property values or capital gain over the last 12 months. Woonona is one of 3163 in our list for NSW
Data for the last quarter indicates that, in the short term at least, the capital value growth rate for property investors in Woonona has increased when compared to the 5 year average annual rate.
At number 1140th of NSW’s most discounted properties, Woonona is in the TOP 10% of the state/territory when listing in order of most discounted to least.
On average over the past year, suburb has had 11.67 sales per month, which equates to 140 per year.
Using the current median advertised rental of $530 and the average annual increase in value of a median property of 7.47%, investors should hope to achieve an overall return of 3.06%
Woonona is in the TOP 20% in NSW when comparing median price capital growth over the last year. Woonona gave property investors a very good capital gain figure when compared to the rest of the state, with 19.42%.
Woonona,2517 was ranked 41 in Australia by increase in median property value over the quarter.
LACK OF BUYER INTEREST may well be the reason that Woonona is offering property investors an average of -4.23. This rate of discount on properties puts Suburb at number 290th in terms of most discounted suburbs in NSW
On average over the past year, suburb has had 7.33 sales per month, which equates to 88 per year.