Perth Rentals Down 10-30% From Peak
The Perth rental market has risen in affordability, with a new analysis showing more than 200 suburbs with median house ...
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 7.14% growth over a ten-year period. It ranks 622nd 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 37.1% for the past year, which is higher than average compared to its 33.91% growth within a five-year period.
With the median home price in WOMBARRA sitting at $1,700,000, and the average rent at $900, property owners could potentially earn a 2.75% increase in gross rental yield.
Figures from the previous quarter show that capital gains for real estate buyers in WOMBARRA are high, as opposed to average gains per annum over the past five years.
A 37.1% increase in median property prices in WOMBARRA, 2515 has allowed this suburb to join the ranks of best performing suburbs in NSW, settling at number 33rd.
|KEY PROPERTY DATA REPORT||HOUSE||UNIT|
|Median 12 month||37.1%||N/A|
|Median 3 years||7.94%||N/A|
|Median 5 years||33.91%||N/A|
|10 years average annual||7.14%||N/A|
|Weekly media advert. rent||$900||N/A|
|Time on Market||88.1 days||N/A|
|Gross Rental Yield Percent||2.75%||N/A|