With a capital gain of 13.03% for the last 12 months, Warriewood, 2102 has performed for property investments than its average annual 6.69% property growth over the last 5 years.
Taking the average capital gain, or increase in median house value, Warriewood,2102 has racked up an average of 13.03% over the period. This ranks it number 436th in the whole country for real estate investors looking at median house price increases.
Property investors looking for a bargain in Warriewood should be aiming for at least -3.97% off the asking price, which is the average vendor discount being achieved at the moment.
At number 355 in a list of fastest selling suburbs, Warriewood is in the TOP 10% of suburbs in Australia with an average of days on market 45.55 for properties listed there.
Using the current median advertised rental of $990 and the average annual increase in value of a median property of 6.69%, investors should hope to achieve an overall return of 3.64%
Warriewood, 2102 ranked 54th in NSW when comparing growth in median property values or capital gain over the last 12 months. Warriewood is one of 3162 in our list for NSW
Warriewood,2102 was ranked 121 in Australia by increase in median property value over the quarter.
Our latest figures would indicate that property sellers in Warriewood are currently offering property investors an average price cut of -2.84% below the asking price at the moment.
Often selling an investment property can take time, and in Warriewood the average time real estate has been on the market is 33.91 days.
Warriewood, 2102’s gross rental yield is 4.02%