If you compare the increase in value of investment property in Wamberal, 2260 to the rest of Australia, it performed quite well. The median increase in value, or capital gain property investors experienced for this NSW suburb was 9.15%.
While Wamberal,2260 ranked number 635th in NSW for increase in median house value (annualised) increase, it is ranked 498th over the last 5 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 Wamberal, 2260. Typically our figures indicate that -5.50% is being offered, which puts this NSW suburb at 2183th most discounted overall in Australia.
On average over the past year, suburb has had 10.83 sales per month, which equates to 130 per year.
Wamberal, 2260’s gross rental yield is 3.17%
Property value increases in Wamberal have tracked lower than the NSW average of 5.88% over the last 12 months.
Taking the average capital gain, or increase in median house value, Wamberal,2260 has racked up an average of -3.41% over the period. This ranks it number 225th in the whole country for real estate investors looking at median house price increases.
At number 151th of NSW’s most discounted properties, Wamberal is in the bottom 40% of the state/territory when listing in order of most discounted to least.
Renters in Suburb are facing rents around $5850 per annum or $487.5 every week.