Property value increases in Googong have tracked just lower than the NSW average of 7.28% over the last 12 months.
Over the longer term, Googong has seen property prices show investors a 10.32% return over the last 3 years. This is worse than over the last 12 months
State is the 7th most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -5.49% offered to property buyers. Sellers in Googong itself are offering an average vendor discount of -3.29% to real estate investors.
Using the current median advertised rental of $580 and the average annual increase in value of a median property of -0.71%, investors should hope to achieve an overall return of 4.95%