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%