Over the last year, property investments in Warriewood, 2102 have given investors a capital gain of 17.42%. This compares very favourably with the 7.47% for NSW as a whole.
The five-year average increase in median property values for Warriewood,2102 has given property investors a potential capital gain of 72.22% across each of those five years.
When looking to buy, or assessing what properties are really achieving at sale, it's essential for property investors to take into account what discounts are being offered in Warriewood, 2102. Typically our figures indicate that -5.75% is being offered, which puts this NSW suburb at 2001th most discounted overall in Australia.
With the median price for a house in Warriewood being $1550000 and the advertised rent reaching $1000 the gross rental yield for property investors calculates out to be 3.35%
Investment property in Warriewood has done well for investors when compared to the country as a whole over the last 12 months, with an increase in the median house price of 17.83%
The five-year average increase in median property values for Warriewood,2102 has given property investors a potential capital gain of 49.68% across each of those five years.
State is the 7th most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -4.41% offered to property buyers. Sellers in Warriewood itself are offering an average vendor discount of -3.24% to real estate investors.
At number 23 in a list of fastest selling suburbs, Warriewood is in the TOP 10% of suburbs in Australia with an average of days on market 27.89 for properties listed there.
Using the current median advertised rental of $700 and the average annual increase in value of a median property of 6.89%, investors should hope to achieve an overall return of 3.94%