Suburb Profile Report for Warners Bay NSW (2282)

Warners Bay House: Median price $590,000, Annual capital growth 5.32%, Number of sales 116, Weekly median advertised rent $410

Warners Bay Unit: Median price $448,500, Annual capital growth 2.59%, Number of sales 55, Weekly median advertised rent $378

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

Source: CoreLogic

  • House Report
  • Unit Report

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%.

Metrics i HOUSE UNIT
$590,000 $448,500
0.00% -1.36%
8.26% -5.58%
5.32% 2.59%
$410 $378
116 55
3.61% 4.38%
55.91 39.23

Source: CoreLogic

DSR Score for property investment : Good (U), Good (H)
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Demographics
Total population 7455
Median household income ($/weekly) 1055
Median age of persons 42
Median housing loan repayment ($/monthly) 1780
Average household size 2.4
  • Census Count Percent(%)
    5-14 years 959 12.9
    35-44 years 1042 14.0
    45-54 years 922 12.4
    55-64 years 936 12.6
    65-74 years 815 10.9
    Others 2783 37.3
    Age Group
    Census Count Percent(%)
    Registered Married 2939 51.8
    Not Married 2254 39.7
    Defacto Relationship 482 8.5
    Social Marital Status
  • Census Count Percent(%)
    Australia 6316 87.8
    Greece 77 1.1
    Papua New Guinea 79 1.1
    United Kingdom 326 4.5
    Other 101 1.4
    Others 298 4.1
    Country of Birth
    Census Count Percent(%)
    Buddhism 58 0.8
    Christianity 5272 76.8
    Hinduism 37 0.5
    Islam 24 0.3
    No Religion 1451 21.1
    Others 24 0.3
    Religious Affiliation
  • Census Count Percent(%)
    $300-$399 257 9.5
    $400-$599 343 12.7
    $600-$799 314 11.6
    $800-$999 244 9.0
    $1,500-$1,999 335 12.4
    Others 1209 44.7
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Not in the labour force 2371 40.5
    Employed, worked full-time 1989 34.0
    Employed, worked part-time 1114 19.0
    Employed, away from work 215 3.7
    Unemployed, looking for work 163 2.8
    Person Characteristics
  • Census Count Percent(%)
    Managers 374 11.3
    Professionals 691 20.8
    Technicians & trades workers 508 15.3
    Clerical & administrative workers 540 16.3
    Sales 345 10.4
    Others 861 25.9
    Occupation
    Census Count Percent(%)
    Pre-school 130 7.6
    Infants/Primary 633 37.2
    Secondary 500 29.4
    Technical or Further Educational Institution 146 8.6
    University or other Tertiary Institutions 258 15.2
    Others 35 2.1
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 5894 82.7
    Semi-detached, row or terrace house, townhouse 1042 14.6
    Flat, unit or apartment 188 2.6
    House or flat attached to a shop, office 3 0.0
    Caravan, cabin, houseboat 0 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Fully owned 1280 44.2
    Being purchased 894 30.9
    Rented 712 24.6
    Other tenure type 11 0.4
    Tenure Type
Census 2011, ABS
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