Watanobbi is in the bottom 30% in NSW when comparing median price capital growth over the last year. Watanobbi gave property investors a disappointing capital gain figure when compared to the rest of the state, with 4.20%.
Across a shorter period, Watanobbi, 2259 has seen a median price increase of 1.20% over the last quarter.
State is the 7th most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -5.28% offered to property buyers. Sellers in Watanobbi itself are offering an average vendor discount of -3.89% to real estate investors.
On average over the past year, suburb has had 6.67 sales per month, which equates to 80 per year.
Advertised rents are around the $400 mark per week – giving a return of 4.47% based on the median price in Suburb