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AREA REPORTS

Wollongbar

Wollongbar - SUBURB PROFILE REPORT
POSTAL CODE: NSW, 2477

house

Property investors have seen a 3.33% gain in WOLLONGBAR based on an increase in median home prices for the past three months.

Based on its average 5-year and quarterly capital gains WOLLONGBAR, 2477 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 $620,000

Profits averaged 2.61% per annum over a 3-year period, due to an upward trend in home prices in WOLLONGBAR, 2477.

This means, real estate investors could earn a rental income of $540 based on current median home prices for the suburb.

The gross rental yield in WOLLONGBAR, 2477 is 4.53%.

An average of 6.33 real estate transactions take place per month in WOLLONGBAR which translates to 76 per annum.

Data report can be found below

Wollongbar
KEY PROPERTY DATA REPORT HOUSE UNIT
Median Price $620,000 N/A
GROWTH REPORT
Median Quarterly 3.33% N/A
Median 12 month 9.73% N/A
Median 3 years 7.83% N/A
Median 5 years 34.78% N/A
10 years average annual 4.15% N/A
Weekly media advert. rent $540 N/A
Time on Market 78.6 days N/A
Gross Rental Yield Percent 4.53% N/A
demographics (median values)*
Total Population
12203
Weekly Household Income
1166
Household Size
2.40
Age
47
Monthly Loan Repayment
1625
* Australian Bureau of Statistics (May 2021) 2016 Census DataPacks[https://datapacks.censusdata.abs.gov.au/datapacks/],ABS Website, accessed 2016.
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