NSW has seen average median house prices change by 6.38% which means that Warners Bay, 2282 has done well for property investors by showing a capital gain of 12.87% over the last year
If we look at median property appreciation over just the last three months, Warners Bay has given property investors a paper return of 0.47%. This puts Suburb as 872 on a list of fastest fasting appreciating suburbs in NSW
Property investors looking for a bargain in Warners Bay should be aiming for at least -5.79% off the asking price, which is the average vendor discount being achieved at the moment.
Renters in Suburb are facing rents around $4800 per annum or $400 every week.
With a capital gain of 2.70% for the last 12 months, Warners Bay, 2282 has performed for property investments than its average annual 2.29% property growth over the last 5 years.
Warners Bay,2282 has offered an average of 2.70% return per annum in house price rises to property investors over the last three years.
Property buyers and investors in Warners Bay 2282 should be seeing an average reduction in asking price of around -3.32% . This means that Warners Bay is holding prices well when compared to other suburbs in NSW.
A $360 per week rent on the median house gives suburb investors a gross yield of circa 3.94%, without taking into account capital value appreciation, which has been averaging out at 2.29%.