4 lessons from 4 commercial property deals
Rethink Investing’s Scott O’Neill looks back at his most recent commercial property deals and pinpoints valuable lessons investors can l...
Based on its average 5-year and quarterly capital gains WOMBARRA, 2515 saw average growth in the long term.
A survey of average capital gains or median home price increase in suburbs across the country shows that WOMBARRA, 2515 obtained a 9.71% growth over a ten-year period. It ranks 27th on our list of suburbs that property investors should look into.
WOMBARRA, 2515 in NSW belongs to the local government area of Wollongong (C).
WOMBARRA, 2515 has a capital gain of 20.97% for the past year, which is higher than average compared to its 19.57% growth within a five-year period.
Figures from the previous quarter show that capital gains for real estate buyers in WOMBARRA are low, as opposed to average gains per annum over the past five years.
| KEY PROPERTY DATA REPORT | HOUSE | UNIT |
|---|---|---|
| Median Price | $1,500,000 | N/A |
| GROWTH REPORT | ||
| Median Quarterly | 0% | N/A |
| Median 12 month | 20.97% | N/A |
| Median 3 years | 5.63% | N/A |
| Median 5 years | 19.57% | N/A |
| 10 years average annual | 9.71% | N/A |
| Weekly media advert. rent | N/A | N/A |
| Time on Market | 81.9 days | N/A |
| Gross Rental Yield Percent | N/A | N/A |
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One word: commercial. ...
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