Warners Bay is an average performer in NSW when comparing median price capital growth over the last year. Warners Bay gave property investors a average capital gain figure when compared to the rest of the state, with 8.26%.
Warners Bay,2282 has offered an average of 8.26% return per annum in house price rises to property investors over the last three years.
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 Warners Bay, 2282. Typically our figures indicate that -5.84% is being offered, which puts this NSW suburb at 1856th most discounted overall in Australia.
On average over the past year, suburb has had 9.67 sales per month, which equates to 116 per year.
Advertised rents are around the $410 mark per week – giving a return of 3.61% based on the median price in Suburb
Giving property investors a a poor capital gain of -5.58% for the last year, Warners Bay, 2282 is the 1417th highest performer in Australia in this respect.
Taking the average capital gain, or increase in median house value, Warners Bay,2282 has racked up an average of -5.58% over the period. This ranks it number 1296th in the whole country for real estate investors looking at median house price increases.
Property investors looking for a bargain in Warners Bay should be aiming for at least -3.18% off the asking price, which is the average vendor discount being achieved at the moment.
Often selling an investment property can take time, and in Warners Bay the average time real estate has been on the market is 39.23 days.
A $377.5 per week rent on the median house gives suburb investors a gross yield of circa 4.38%, without taking into account capital value appreciation, which has been averaging out at 2.59%.