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%