Suburb Profile Report for Wamberal NSW (2260)

Wamberal House: Median price $894,000, Annual capital growth 5.97%, Number of sales 137, Weekly median advertised rent $550

Wamberal Unit: Median price $575,000, Annual capital growth 5.95%, Number of sales 17, Weekly median advertised rent $493

  • House
  • Unit
Source: CoreLogic RP Data
  • Median price
  • Number of sales

Source: CoreLogic

  • House Report
  • Unit Report

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 11.75%.

Over the longer term, Wamberal has seen property prices show investors a 44.17% return over the last 3 years. This is worse than over the last 12 months

Sellers are offering property buyers an average discount of -5.33% to buyers in Wamberal at the moment, which is less than average for the rest of NSW.

Residents and property investors in Wamberal have been waiting around 70.7 days to sell a property.

Property investors who have had real estate in Wamberal, 2260 should be unhappy with this NSW suburb’s performance compared to the rest of the country. Over the last year it has seen median house prices decrease in value by -8.00%

If we look at median property appreciation over just the last three months, Wamberal has given property investors a paper return of 3.60%. This puts Suburb as 147 on a list of fastest fasting appreciating suburbs in NSW

Sellers are offering property buyers an average discount of -4.86% to buyers in Wamberal at the moment, which is less than average for the rest of NSW.

Renters in Suburb are facing rents around $5910 per annum or $492.5 every week.

HOUSE UNIT
$894,000 $575,000
5.18% 3.60%
11.75% -8.00%
5.97% 5.95%
$550 $493
137 17
3.20% 4.45%
70.7 49.75

Source: CoreLogic

DSR Score for property investment : Good (U), Good (H)
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Demographics
Total population 6298
Median household income ($/weekly) 1552
Median age of persons 38
Median housing loan repayment ($/monthly) 2167
Average household size 2.8
  • Census Count Percent(%)
    5-14 years 929 14.7
    25-34 years 651 10.3
    35-44 years 918 14.6
    45-54 years 905 14.4
    55-64 years 773 12.3
    Others 2123 33.7
    Age Group
    Census Count Percent(%)
    Registered Married 2492 55.0
    Not Married 1616 35.7
    Defacto Relationship 421 9.3
    Social Marital Status
  • Census Count Percent(%)
    Australia 5130 85.1
    Papua New Guinea 101 1.7
    South Africa 53 0.9
    United Kingdom 409 6.8
    Other 92 1.5
    Others 240 4.0
    Country of Birth
    Census Count Percent(%)
    Buddhism 44 0.8
    Christianity 4395 75.2
    Islam 12 0.2
    Other Religious Groups 18 0.3
    No Religion 1358 23.2
    Others 19 0.3
    Religious Affiliation
  • Census Count Percent(%)
    $800-$999 172 9.0
    $1,250-$1,499 162 8.5
    $1,500-$1,999 255 13.4
    $2,000-$2,499 235 12.3
    $2,500-$2,999 187 9.8
    Others 892 46.9
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Employed, worked full-time 1833 38.7
    Not in the labour force 1481 31.3
    Employed, worked part-time 1115 23.5
    Employed, away from work 167 3.5
    Unemployed, looking for work 139 2.9
    Person Characteristics
  • Census Count Percent(%)
    Managers 423 13.6
    Professionals 778 25.0
    Technicians & trades workers 509 16.4
    Community & personal service workers 306 9.8
    Clerical & administrative workers 442 14.2
    Others 653 21.0
    Occupation
    Census Count Percent(%)
    Pre-school 166 9.9
    Infants/Primary 578 34.5
    Secondary 502 30.0
    Technical or Further Educational Institution 131 7.8
    University or other Tertiary Institutions 243 14.5
    Others 53 3.2
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 5441 92.0
    Semi-detached, row or terrace house, townhouse 284 4.8
    Flat, unit or apartment 179 3.0
    House or flat attached to a shop, office 9 0.2
    Caravan, cabin, houseboat 4 0.1
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Being purchased 909 43.3
    Fully owned 742 35.4
    Rented 419 20.0
    Other tenure type 28 1.3
    Tenure Type
Census 2011, ABS
Chart Table
Recent sales & rentals