Suburb Profile Report for Wareemba NSW (2046)

Wareemba House: Median price $2,040,000, Annual capital growth 11.59%, Number of sales 11, Weekly median advertised rent $800

Wareemba Unit: Median price $840,000, Annual capital growth N/A, Number of sales 13, Weekly median advertised rent $610

  • House
  • Unit
Source: CoreLogic RP Data
  • Median price
  • Number of sales

Source: CoreLogic

  • House Report
  • Unit Report

Wareemba has had a A very good year for property investment returns compared to the rest of NSW, giving investors a capital gain of 20.96% to date .

If we look at median property appreciation over just the last three months, Wareemba has given property investors a paper return of -4.90%. This puts Suburb as 1338 on a list of fastest fasting appreciating suburbs in NSW

On average over the past year, suburb has had 0.92 sales per month, which equates to 11 per year.

The NSW suburb of Wareemba, 2046 is in the Canada Bay local government area.

In the last year 13 properties changed hands in Wareemba, which puts it as the 533th most active market in NSW when comparing the number of sales per suburb.

With the median price for a house in Wareemba being $840000 and the advertised rent reaching $610 the gross rental yield for property investors calculates out to be 3.78%

Metrics i HOUSE UNIT
$2,040,000 $840,000
-4.90% N/A
20.96% N/A
11.59% N/A
$800 $610
11 13
2.04% 3.78%
N/A N/A

Source: CoreLogic

DSR Score for property investment : Above average (H), Good (U)
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Demographics
Total population 1474
Median household income ($/weekly) 1634
Median age of persons 41
Median housing loan repayment ($/monthly) 2903
Average household size 2.5
  • Census Count Percent(%)
    5-14 years 151 10.2
    25-34 years 179 12.1
    35-44 years 259 17.6
    45-54 years 211 14.3
    55-64 years 167 11.3
    Others 508 34.4
    Age Group
    Census Count Percent(%)
    Registered Married 626 54.2
    Not Married 453 39.2
    Defacto Relationship 76 6.6
    Social Marital Status
  • Census Count Percent(%)
    Australia 957 67.8
    Japan 190 13.5
    Papua New Guinea 21 1.5
    United Kingdom 57 4.0
    Other 56 4.0
    Others 130 9.2
    Country of Birth
    Census Count Percent(%)
    Christianity 1129 82.5
    No Religion 196 14.3
    Islam 16 1.2
    Judaism 15 1.1
    Buddhism 12 0.9
    Others 0 0.0
    Religious Affiliation
  • Census Count Percent(%)
    $400-$599 46 8.9
    $1,500-$1,999 53 10.3
    $2,500-$2,999 66 12.8
    $3,000-$3,499 44 8.5
    $4,000 or more 41 7.9
    Others 266 51.6
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Employed, worked full-time 486 41.8
    Not in the labour force 401 34.5
    Employed, worked part-time 194 16.7
    Employed, away from work 47 4.0
    Unemployed, looking for work 34 2.9
    Person Characteristics
  • Census Count Percent(%)
    Managers 157 21.7
    Professionals 178 24.6
    Technicians & trades workers 75 10.3
    Clerical & administrative workers 140 19.3
    Sales 67 9.2
    Others 108 14.9
    Occupation
    Census Count Percent(%)
    Pre-school 32 10.5
    Infants/Primary 108 35.3
    Secondary 73 23.9
    Technical or Further Educational Institution 24 7.8
    University or other Tertiary Institutions 60 19.6
    Others 9 2.9
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 926 65.0
    Semi-detached, row or terrace house, townhouse 256 18.0
    Flat, unit or apartment 193 13.5
    House or flat attached to a shop, office 50 3.5
    Caravan, cabin, houseboat 0 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Fully owned 245 44.1
    Rented 165 29.7
    Being purchased 145 26.1
    Other tenure type 0 0.0
    Tenure Type
Census 2011, ABS
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Recent sales & rentals