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Woronora
AREA REPORTS

Woronora

Woronora - SUBURB PROFILE REPORT
POSTAL CODE: NSW, 2232

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A steady increase in median property prices over a five-year period in the suburb translates to a -9.62% capital gain.

It 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 $1,175,000

The augmented property values in the suburb are trailing behind the territorial average of 9.05% in 2016.

On the other hand, based on current median home prices for the suburb, Real estate investors could earn a rental income of $620.

Home owners selling their properties and realtors in WORONORA usually have to wait an average of 31.1 days days before their assets are lifted off the market.

The NSW suburb ranks 793rd on the list of best yielding suburbs for rental properties in NSW, posting a 2.74% return.

It also places places 989th in Australia based on median property value growth during the quarter.

Data report can be found below

Woronora
KEY PROPERTY DATA REPORT HOUSE UNIT
Median Price $1,175,000 N/A
GROWTH REPORT
Median Quarterly -2.49% N/A
Median 12 month -6% N/A
Median 3 years -9.62% N/A
Median 5 years 26.34% N/A
10 years average annual 5.91% N/A
Weekly media advert. rent $620 N/A
Time on Market 31.1 days N/A
Gross Rental Yield Percent 2.74% N/A
demographics (median values)*
Total Population
32870
Weekly Household Income
1853
Household Size
2.60
Age
39
Monthly Loan Repayment
2300
* Australian Bureau of Statistics (May 2021) 2016 Census DataPacks[https://datapacks.censusdata.abs.gov.au/datapacks/],ABS Website, accessed 2016.
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