NSW has seen average median house prices change by 7.28% which means that Warrawong, 2502 has done well for property investors by showing a capital gain of 6.10% over the last year
The five-year average increase in median property values for Warrawong,2502 has given property investors a potential capital gain of 64.15% across each of those five years.
Sellers are offering property buyers an average discount of -3.84% to buyers in Warrawong at the moment, which is less than average for the rest of NSW.
Using the current median advertised rental of $390 and the average annual increase in value of a median property of 6.21%, investors should hope to achieve an overall return of 4.66%
Warrawong, 2502 ranked 129th in NSW when comparing growth in median property values or capital gain over the last 12 months. Warrawong is one of 3163 in our list for NSW
Taking the average capital gain, or increase in median house value, Warrawong,2502 has racked up an average of 12.68% over the period. This ranks it number 7th in the whole country for real estate investors looking at median house price increases.
State is the 7th most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -4.41% offered to property buyers. Sellers in Warrawong itself are offering an average vendor discount of -0.80% to real estate investors.
Warrawong is 270th on a list of best yielding suburbs for rents in NSW with a 4.18% return