Property value increases in Googong have tracked close to the NSW average of 11.06% over the last 12 months.
While Googong,2620 ranked number 396th in NSW for increase in median house value (annualised) increase, it is ranked 1227th over the last 5 years.
Our latest figures would indicate that property sellers in Googong are currently offering property investors an average price cut of -3.50% below the asking price at the moment.
In the last year 112 properties changed hands in Googong, which puts it as the 238th most active market in NSW when comparing the number of sales per suburb.
A $607.5 per week rent on the median house gives suburb investors a gross yield of circa 4.90%, without taking into account capital value appreciation, which has been averaging out at -0.56%.