With a capital gain of -8.89% for the last 12 months, Wollongong, 2500 has performed for property investments than its average annual 8.41% property growth over the last 5 years.
Across a shorter period, Wollongong, 2500 has seen a median price increase of 2.50% over the last quarter.
The most recent median price for Wollongong is $820000, with sellers offering an average of -8.25% off the asking price.
Wollongong, 2500 ranked 195th 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
Comparing Wollongong,2500 ‘s 5year and quarterly average capital gain offered to property investors, it performed less well across the longer period
State is the 4th most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -6.83% offered to property buyers. Sellers in Wollongong itself are offering an average vendor discount of -7.19% to real estate investors.
Wollongong, 2500’s gross rental yield is 3.67%