NSW has seen average median house prices change by 7.47% which means that Warners Bay, 2282 has done well for property investors by showing a capital gain of 12.38% over the last year
Across a shorter period, Warners Bay, 2282 has seen a median price increase of -0.84% 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 -5.49% offered to property buyers. Sellers in Warners Bay itself are offering an average vendor discount of -6.02% to real estate investors.
Renters in Suburb are facing rents around $4920 per annum or $410 every week.
Property investors who have had real estate in Warners Bay, 2282 should be relatively unhappy with this NSW suburb’s performance compared to the rest of the country. Over the last year it has seen median house prices increase in value by 0.32%
If we look at median property appreciation over just the last three months, Warners Bay has given property investors a paper return of -2.29%. This puts Suburb as 495 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 -3.71% off the asking price, which is the average vendor discount being achieved at the moment.
In the last year 57 properties changed hands in Warners Bay, which puts it as the 247th most active market in NSW when comparing the number of sales per suburb.
Situated 88.60km from the CBD, Warners Bay is one of Lake Macquarie localities in the postcode 2282.