Suburb Profile Report for Warners Bay NSW (2282)

Warners Bay House: Median price $587,550, Annual capital growth 5.32%, Number of sales 118, Weekly median advertised rent $415

Warners Bay Unit: Median price $525,000, Annual capital growth 4.55%, Number of sales 58, Weekly median advertised rent $373

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

Source: CoreLogic

  • House Report
  • Unit Report

Property value increases in Warners Bay have tracked lower than the NSW average of 11.06% over the last 12 months.

The five-year average increase in median property values for Warners Bay,2282 has given property investors a potential capital gain of 44.18% 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 -5.22. This rate of discount on properties puts Suburb at number 996th in terms of most discounted suburbs in NSW

At number 732 in a list of fastest selling suburbs, Warners Bay is in the TOP 20% of suburbs in Australia with an average of days on market 49.13 for properties listed there.

Using the current median advertised rental of $415 and the average annual increase in value of a median property of 5.32%, investors should hope to achieve an overall return of 3.67%

Investment property in Warners Bay has done well for investors when compared to the country as a whole over the last 12 months, with an increase in the median house price of 20.69%

If we look at median property appreciation over just the last three months, Warners Bay has given property investors a paper return of 11.94%. This puts Suburb as 24 on a list of fastest fasting appreciating suburbs in NSW

The most recent median price for Warners Bay is $525000, with sellers offering an average of -2.15% off the asking price.

Residents and property investors in Warners Bay have been waiting around 36.35 days to sell a property.

With the median price for a house in Warners Bay being $525000 and the advertised rent reaching $372.5 the gross rental yield for property investors calculates out to be 3.69%

Metrics i HOUSE UNIT
$587,550 $525,000
-0.42% 11.94%
1.30% 20.69%
5.32% 4.55%
$415 $373
118 58
3.67% 3.69%
49.13 36.35

Source: CoreLogic

DSR Score for property investment : Good (H), Good (U)
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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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Recent sales & rentals