With a capital gain of -10.07% for the last 12 months, Unanderra, 2526 has performed for property investments than its average annual 7.87% property growth over the last 5 years.
Taking the average capital gain, or increase in median house value, Unanderra,2526 has racked up an average of -10.07% over the period. This ranks it number 1347th in the whole country for real estate investors looking at median house price increases.
When looking to buy, or assessing what properties are really achieving at sale, it's essential for property investors to take into account what discounts are being offered in Unanderra, 2526. Typically our figures indicate that -7.21% is being offered, which puts this NSW suburb at 1073th most discounted overall in Australia.
Residents and property investors in Unanderra have been waiting around 62.275 days to sell a property.
Unanderra, 2526’s gross rental yield is 4.12%
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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.