‘Sexy’ reno options for cashed-up tenants
Renters's expectations evolve over time, and renovations for an investment property should work to create a higher asking price from potenti...
A survey of average capital gains or median home price increase in suburbs across the country shows that the NSW suburb obtained a 7.64% growth over a ten-year period. It ranks 672nd on our list of suburbs that property investors should look into.
WOONONA, 2517 has a capital gain of -1.67% for the past year, which is lower than average compared to its 62.39% growth within a five-year period.
With the median home price in WOONONA sitting at $885,000, and the average rent at $580, property owners could potentially earn a 3.41% increase in gross rental yield.
Figures from the previous quarter show that capital gains for real estate buyers in WOONONA are low, as opposed to average gains per annum over the past five years.
WOONONA, 2517 in NSW belongs to the local government area of Wollongong.
|KEY PROPERTY DATA REPORT||HOUSE||UNIT|
|Median 12 month||-1.67%||2.13%|
|Median 3 years||29.2%||29.59%|
|Median 5 years||62.39%||75.17%|
|10 years average annual||7.64%||8.54%|
|Weekly media advert. rent||$580||$460|
|Time on Market||52.3 days||46.0 days|
|Gross Rental Yield Percent||3.41%||3.77%|
While Australia’s capital cities saw a continuation of softening in auction clearance rates over the December quarter, there was a conside...
A rise in private spending in one recovering state for infrastructure and resource-related projects is likely to increase the attractiveness...
Australia’s capital cities experienced a rise in housing affordability over the last quarter of 2018, which one senior economist said is m...
Smart Property Investment’s Phil Tarrant and Sasha Karen, together with Momentum Media’s James Mitchell, look back on property hotspots ...
Based on her knowledge and experience as a property valuer, investment adviser, market commentator and author, one expert shares some of the...