With a capital gain of 11.55% for the last 12 months, Warners Bay, 2282 has performed for property investments than its average annual 5.47% property growth over the last 5 years.
Warners Bay,2282 has offered an average of 11.55% return per annum in house price rises to property investors over the last three years.
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 -5.92% to real estate investors.
Property investors should expect to get $410 weekly from the median priced house in this suburb.
At number 1240th in the list of Australian suburbs ordered by increase in median house value over the last year, Warners Bay, 2282 is in the BOTTOM 30% with a property value increase of -1.69% recorded in median house prices.
The five-year average increase in median property values for Warners Bay,2282 has given property investors a potential capital gain of 12.69% across each of those five years.
LACK OF BUYER INTEREST may well be the reason that Warners Bay is offering property investors an average of -4.41. This rate of discount on properties puts Suburb at number 345th in terms of most discounted suburbs in NSW
With the median price for a house in Warners Bay being $454700 and the advertised rent reaching $380 the gross rental yield for property investors calculates out to be 4.35%