Property investors who have had real estate in Googong, 2620 should be relatively unhappy with this NSW suburb’s performance compared to the rest of the country. Over the last year it has seen median house prices increase in value by 1.84%
Data for the last quarter indicates that, in the short term at least, the capital value growth rate for property investors in Googong has fallen somewhat when compared to the 5 year average annual rate.
At number 1092th of NSW’s most discounted properties, Googong is in the TOP 20% of the state/territory when listing in order of most discounted to least.
Using the current median advertised rental of $550 and the average annual increase in value of a median property of 0.79%, investors should hope to achieve an overall return of 4.69%