Property value increases in Woonona have tracked close to the NSW average of 7.47% over the last 12 months.
A 56.73% growth in median value for property investors in Woonona,2517 puts this suburb at number 727th in terms of best performing suburbs in NSW
LACK OF BUYER INTEREST may well be the reason that Woonona is offering property investors an average of -5.49. This rate of discount on properties puts Suburb at number 1097th in terms of most discounted suburbs in NSW
Investment property in Woonona has done not badly for investors when compared to the country as a whole over the last 12 months, with an increase in the median house price of 8.34%
A 58.58% growth in median value for property investors in Woonona,2517 puts this suburb at number 446th in terms of best performing suburbs in NSW
Property investors looking for a bargain in Woonona should be aiming for at least -6.23% off the asking price, which is the average vendor discount being achieved at the moment.
Using the current median advertised rental of $420 and the average annual increase in value of a median property of 6.05%, investors should hope to achieve an overall return of 4.07%