Giving property investors a a stable capital gain of 11.25% for the last year, Wollongong, 2500 is the 1393th highest performer in Australia in this respect.
Wollongong,2500 was ranked 2931 in Australia by increase in median property value over the quarter.
The most recent median price for Wollongong is $890000, with sellers offering an average of -4.76% off the asking price.
Often selling an investment property can take time, and in Wollongong the average time real estate has been on the market is 84.88 days.
Wollongong, 2500 ranked 272th in NSW when comparing growth in median property values or capital gain over the last 12 months. Wollongong is one of 3163 in our list for NSW
When looking at the potential capital gains offered to property investors over the last 3 years, Wollongong comes in at number 251th in NSW.
State is the 7th most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -4.33% offered to property buyers. Sellers in Wollongong itself are offering an average vendor discount of -4.01% to real estate investors.
On average over the past year, suburb has had 46.08 sales per month, which equates to 553 per year.