Wollongong has had a pretty average year for property investment returns compared to the rest of NSW, giving investors a capital gain of -6.10% to date .
Wollongong,2500 has offered an average of -6.10% return per annum in house price rises to property investors over the last three years.
Wollongong, 2500 is offering NSW ‘s 229th most discounted properties when looking at the average discount being offered by vendors. This puts it in the TOP 30% of discounts offered by this NSW.
The NSW suburb of Wollongong, 2500 is in the Wollongong (C) local government area.
Over the last year, property investments in Wollongong, 2500 have given investors a capital gain of -4.53%. This compares averagely with the -4.02% for NSW as a whole.
Wollongong,2500 was ranked 1111 in Australia by increase in median property value over the quarter.
Vendor discounting in Wollongong is giving property investors an average Vendor Discount of around -7.28%. This puts suburb at number 137th in NSW when ranking the most discounted suburbs.
A $430 per week rent on the median house gives suburb investors a gross yield of circa 3.86%, without taking into account capital value appreciation, which has been averaging out at 6.35%.