Woy Woy 3-bedrooms VS 4-bedrooms | June 30th, 2025
We came across this unusual Woy Woy statistic and decided to delve a little deeper. The statistic in question was the small difference between the median house price of 3-bedroom and 4-bedroom houses in Woy Woy, $955,000 and $1,010,000, respectively.
The median house price for 4-bedroom houses in Woy Woy is $1,010,000, and the median annual rent is $41,600, which yields a 4.12% p.a. return.
The median house price for 3-bedroom houses in Woy Woy is $955,000, and the median annual rent is $33,800, which yields a 3.54% p.a. return on investment.
As a mortgage broker, I typically use rental yield as a key measure to help my clients estimate whether a house is over- or under-priced. Given that the overall Central Coast median house rental yield is currently around 2.9%, a 4.12% return potentially indicates that the current 4-bedroom houses are undervalued.
Please feel free to contact me if you would like ot discuss your property plans.