Unanderra is in the bottom 40% in NSW when comparing median price capital growth over the last year. Unanderra gave property investors a disappointing capital gain figure when compared to the rest of the state, with -2.50%.
While Unanderra,2526 ranked number 980th in NSW for increase in median house value (annualised) increase, it is ranked 151th over the last 5 years.
Unanderra2526 is located in NSW which offers an average discount of -7.36% to property investors. Unanderra itself is showing figures that indicate -6.81% is the average achievable by property buyers investing in the suburb.
On average over the past year, suburb has had 7.33 sales per month, which equates to 88 per year.
The NSW suburb of Unanderra, 2526 is in the Wollongong (C) local government area.
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