Over the last year, property investments in Wollongong, 2500 have given investors a capital gain of -10.61%. This compares very badly with the 0.62% for NSW as a whole.
Wollongong,2500 was ranked 4013 in Australia by increase in median property value over the quarter.
Wollongong is 639th on a list of best yielding suburbs for rents in NSW with a 3.51% return
Investment property in Wollongong has done not badly for investors when compared to the country as a whole over the last 12 months, with an increase in the median house price of 3.28%
Over the longer term, Wollongong has seen property prices show investors a 19.32% return over the last 3 years. This is worse than over the last 12 months
Wollongong2500 is located in NSW which offers an average discount of -5.92% to property investors. Wollongong itself is showing figures that indicate -6.95% is the average achievable by property buyers investing in the suburb.
In the last year 444 properties changed hands in Wollongong, which puts it as the 3rd most active market in NSW when comparing the number of sales per suburb.
Property investors should expect to get $430 weekly from the median priced house in this suburb.