Property investors have seen a 7.55% gain in WOOLGOOLGA based on an increase in median home prices for the past three months.
Homeowners and real estate investors betting on WOOLGOOLGA, 2456 can rest assured about this NSW suburb's performance. The suburb saw median home prices rise by 26.67%.
Based on its average 5-year and quarterly capital gains WOOLGOOLGA, 2456 saw average growth in the long term.
The NSW suburb also delivered a weaker performance in contrast to other Australian suburbs in terms of appreciation of property value.Investors saw the median home price rise to $570,000
Profits averaged 13.58% per annum over a 3-year period, due to an upward trend in home prices in WOOLGOOLGA, 2456.
This means, real estate investors could earn a rental income of $445 based on current median home prices for the suburb.
The gross rental yield in WOOLGOOLGA, 2456 is 4.06%.
An average of 6.92 real estate transactions take place per month in WOOLGOOLGA which translates to 83 per annum.
Property investments in WOOLGOOLGA fare well against the rest of the country last year, registering a median home price increase of 14.01%.
Figures from the previous quarter show that capital gains for real estate buyers in WOOLGOOLGA are high, as opposed to average gains per annum over the past five years.
This means, real estate investors could earn a rental income of $357.5 based on current median home prices for the suburb.
It is expected for properties to spend some time on the market prior to a successful sale. In WOOLGOOLGA, homes and units usually stay on listing for an average of 75.9 days.
the NSW suburb also delivered a weaker performance in contrast to other Australian suburbs in terms of appreciation of property value.Investors saw the median home price rise to $447,500
Investors saw the median home price rise to $447,500.
WOOLGOOLGA ranks 235th on the list of best yielding suburbs for rental properties in NSW, posting a 4.15% return.
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