Investment property in Woolooware has done well for investors when compared to the country as a whole over the last 12 months, with an increase in the median house price of 16.88%
Taking the average capital gain, or increase in median house value, Woolooware,2230 has racked up an average of 16.88% over the period. This ranks it number 247th in the whole country for real estate investors looking at median house price increases.
Sellers are offering property buyers an average discount of -0.61% to buyers in Woolooware at the moment, which is less than average for the rest of NSW.
Often selling an investment property can take time, and in Woolooware the average time real estate has been on the market is 65 days.
Woolooware has had a quite poor year for property investment returns compared to the rest of NSW, giving investors a capital gain of 4.81% to date .
Woolooware,2230 has offered an average of 4.81% return per annum in house price rises to property investors over the last three years.
Our latest figures would indicate that property sellers in Woolooware are currently offering property investors an average price cut of -4.74% below the asking price at the moment.
With the median price for a house in Woolooware being $817500 and the advertised rent reaching $430 the gross rental yield for property investors calculates out to be 2.74%