Government ‘pleased’ With Property Price Growth
The government said it is not concerned about the RBA’s warning that the financial system could be rocked if there’s...
Based on its average 5-year and quarterly capital gains WOLLI CREEK, 2205 saw average growth in the long term.
A survey of average capital gains or median home price increase in suburbs across the country shows that the NSW suburb obtained a 4.67% growth over a ten-year period. It ranks 586th on our list of suburbs that property investors should look into.
WOLLI CREEK, 2205 in NSW belongs to the local government area of Rockdale (C).
WOLLI CREEK, 2205 has a capital gain of 2.8% for the past year, which is higher than average compared to its 1.38% growth within a five-year period.
With the median home price in WOLLI CREEK sitting at $735,000, and the average rent at $550, property owners could potentially earn a 3.89% increase in gross rental yield.
Figures from the previous quarter show that capital gains for real estate buyers in WOLLI CREEK are low, as opposed to average gains per annum over the past five years.
|KEY PROPERTY DATA REPORT||HOUSE||UNIT|
|Median 12 month||N/A||2.8%|
|Median 3 years||N/A||-5.77%|
|Median 5 years||N/A||1.38%|
|10 years average annual||N/A||4.67%|
|Weekly media advert. rent||N/A||$550|
|Time on Market||N/A||47.7 days|
|Gross Rental Yield Percent||N/A||3.89%|