At number 1241th in the list of Australian suburbs ordered by increase in median house value over the last year, Unanderra, 2526 is in the top 40% with a property value increase of 8.30% recorded in median house prices.
Comparing Unanderra,2526 ‘s 5year and quarterly average capital gain offered to property investors, it performed less well across the longer period
The most recent median price for Unanderra is $620000, with sellers offering an average of -5.68% off the asking price.
At number 302 in a list of fastest selling suburbs, Unanderra is in the TOP 10% of suburbs in Australia with an average of days on market 39.5 for properties listed there.
Property investors should expect to get $430 weekly from the median priced house in this suburb.
A suburb that has undergone remarkable development in the past decade, Unanderra’s appeal among buyers has skyrocketedFull summary
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Wollongong suburb benefits from development
Median house price: $607,500
Three-year growth: 62.0%
Rental yield: 3.6%
A suburb that has undergone remarkable development in the past decade, Unanderra’s appeal among buyers has skyrocketed.
Over the five-year period of June 2013-2018, house prices in this suburb rose by almost 100%. In the past year, values increased by 15.3%; the median house price passed the $600,000 mark. The average annual growth rate of 8.9% certainly speaks volumes about Unanderra’s long-term potential. Short-term demand is confirmed by the fact that houses spend an average of only 35 days in the market.
Situated in the Wollongong region, Unanderra has everything a resident could want. There’s a Woolworths supermarket in addition to small shops. Families also have access to schools like St. Pius X and Cedars Christian College. Commuters can travel via train or bus.
Aside from the comforts of city living, Unanderra also provides beautiful mountain views.Close