Over the last year, property investments in Woonona, 2517 have given investors a capital gain of 11.36%. This compares favourably with the 9.05% for NSW as a whole.
If we look at median property appreciation over just the last three months, Woonona has given property investors a paper return of 6.52%. This puts Suburb as 270 on a list of fastest fasting appreciating suburbs in NSW
The most recent median price for Woonona is $857500, with sellers offering an average of -2.98% off the asking price.
The NSW suburb of Woonona, 2517 is in the Wollongong local government area.
Woonona has had a A very good year for property investment returns compared to the rest of NSW, giving investors a capital gain of 14.83% to date .
The five-year average increase in median property values for Woonona,2517 has given property investors a potential capital gain of 74.37% across each of those five years.
Our latest figures would indicate that property sellers in Woonona are currently offering property investors an average price cut of -4.18% below the asking price 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 44.17 days.
Situated 56.73km from the CBD, Woonona is one of Wollongong localities in the postcode 2517.