NSW has seen average median house prices change by 4.04% which means that Unanderra, 2526 has done well for property investors by showing a capital gain of 5.63% over the last year
The five-year average increase in median property values for Unanderra,2526 has given property investors a potential capital gain of 90.63% across each of those five years.
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 -6.40% is being offered, which puts this NSW suburb at 1498th most discounted overall in Australia.
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