Homeowners and real estate investors betting on WOOLLOOMOOLOO, 2011 can rest assured about this NSW suburb's performance. The suburb saw median home prices rise by 10.77%.
The NSW suburb also delivered a stronger performance in contrast to other Australian suburbs in terms of appreciation of property value.Investors saw the median home price rise to $1,800,000
Profits averaged 29.79% per annum over a 3-year period, due to an upward trend in home prices in WOOLLOOMOOLOO, 2011.
This means, real estate investors could earn a rental income of $850 based on current median home prices for the suburb.
The gross rental yield in WOOLLOOMOOLOO, 2011 is 2.46%.
An average of 1 real estate transactions take place per month in WOOLLOOMOOLOO which translates to 12 per annum.
|KEY PROPERTY DATA REPORT||HOUSE||UNIT|
|Median 12 month||10.77%||27.79%|
|Median 3 years||89.37%||32.41%|
|Median 5 years||150.87%||67.69%|
|10 years average annual||-1.46%||8.18%|
|Weekly media advert. rent||$850||$640|
|Time on Market||0.0 days||49.0 days|
|Gross Rental Yield Percent||2.46%||3.47%|