Woolooware is in the bottom 30% in NSW when comparing median price capital growth over the last year. Woolooware gave property investors a disappointing capital gain figure when compared to the rest of the state, with -11.11%.
Data for the last quarter indicates that, in the short term at least, the capital value growth rate for property investors in Woolooware has increased when compared to the 5 year average annual rate.
Vendor discounting in Woolooware is giving property investors an average Vendor Discount of around -7.14%. This puts suburb at number 477th in NSW when ranking the most discounted suburbs.
Woolooware is 984th on a list of best yielding suburbs for rents in NSW with a 2.93% return
Property investors who have had real estate in Woolooware, 2230 should be unhappy with this NSW suburb’s performance compared to the rest of the country. Over the last year it has seen median house prices decrease in value by -12.05%
Over the longer term, Woolooware has seen property prices show investors a -3.95% return over the last 3 years. This is worse than over the last 12 months
Property investors looking for a bargain in Woolooware should be aiming for at least -7.67% off the asking price, which is the average vendor discount being achieved at the moment.
Advertised rents are around the $535 mark per week – giving a return of 3.81% based on the median price in Suburb