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Based on its average 5-year and quarterly capital gains, the suburb saw average growth in the long term.
The 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 $712,500.
The upward trend in home prices in WOY WOY, 2256 averaged 1.31% per annum over a 3-year period.
Average weekly rents on listings have reached the $405 mark, reflecting a 2.96% increase in returns based on the current median price in WOY WOY.
An average of 12 real estate transactions take place per month in WOY WOY which translates to 144 per annum.
144 properties were sold in WOY WOY in 2016, making it the 1190th most active market in NSW based on total real estate transactions.
WOY WOY, 2256 places 558th in Australia based on median property value growth during the quarter.
|KEY PROPERTY DATA REPORT||HOUSE||UNIT|
|Median 12 month||12.65%||10.13%|
|Median 3 years||3.94%||-3.88%|
|Median 5 years||27.23%||25.29%|
|10 years average annual||7.82%||6.42%|
|Weekly media advert. rent||$405||$400|
|Time on Market||65.2 days||82.8 days|
|Gross Rental Yield Percent||2.96%||3.91%|