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Woolgoolga
AREA REPORTS

Woolgoolga

Woolgoolga - SUBURB PROFILE REPORT
POSTAL CODE: NSW, 2456

house
unit

Property investors have seen a 6.03% 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 41.59%.

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 $800,000

Profits averaged 19.47% 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 $560 based on current median home prices for the suburb.

The gross rental yield in WOOLGOOLGA, 2456 is 3.64%.

An average of 6.08 real estate transactions take place per month in WOOLGOOLGA which translates to 73 per annum.

Data report can be found below

Woolgoolga
KEY PROPERTY DATA REPORT HOUSE UNIT
Median Price $800,000 $630,000
GROWTH REPORT
Median Quarterly 6.03% 18.87%
Median 12 month 41.59% 42.53%
Median 3 years 58.42% 64.71%
Median 5 years 77.78% 57.89%
10 years average annual 8.22% 7.56%
Weekly media advert. rent $560 $455
Time on Market 45.9 days 63.0 days
Gross Rental Yield Percent 3.64% 3.76%
demographics (median values)*
Total Population
14749
Weekly Household Income
1111
Household Size
2.50
Age
44
Monthly Loan Repayment
1586
* Australian Bureau of Statistics (May 2021) 2016 Census DataPacks[https://datapacks.censusdata.abs.gov.au/datapacks/],ABS Website, accessed 2016.
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