Woonona has had a pretty good year for property investment returns compared to the rest of NSW, giving investors a capital gain of 8.78% to date .
If we look at median property appreciation over just the last three months, Woonona has given property investors a paper return of 1.26%. This puts Suburb as 835 on a list of fastest fasting appreciating suburbs in NSW
Woonona, 2517 is offering NSW ‘s 1112th most discounted properties when looking at the average discount being offered by vendors. This puts it in the bottom 20% of discounts offered by this NSW.
Renters in Suburb are facing rents around $6240 per annum or $520 every week.
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 8.00%
The five-year average increase in median property values for Woonona,2517 has given property investors a potential capital gain of 60.24% across each of those five years.
Property buyers and investors in Woonona 2517 should be seeing an average reduction in asking price of around -5.81% . This means that Woonona is holding prices well when compared to other suburbs in NSW.
Using the current median advertised rental of $410 and the average annual increase in value of a median property of 6.02%, investors should hope to achieve an overall return of 3.95%