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 12.11%.
Data for the last quarter indicates that, in the short term at least, the capital value growth rate for property investors in Wamberal has increased when compared to the 5 year average annual rate.
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 -3.86% is being offered, which puts this NSW suburb at 3219th most discounted overall in Australia.
Advertised rents are around the $572.5 mark per week – giving a return of 3.52% based on the median price in Suburb
If you compare the increase in value of investment property in Wamberal, 2260 to the rest of Australia, it performed very well. The median increase in value, or capital gain property investors experienced for this NSW suburb was 19.57%.
Taking the average capital gain, or increase in median house value, Wamberal,2260 has racked up an average of 19.57% over the period. This ranks it number 70th in the whole country for real estate investors looking at median house price increases.
Wamberal, 2260 is offering NSW ‘s 346th most discounted properties when looking at the average discount being offered by vendors. This puts it in the bottom 30% of discounts offered by this NSW.
With the median price for a house in Wamberal being $605000 and the advertised rent reaching $497.5 the gross rental yield for property investors calculates out to be 4.28%