Warrawong, 2502 ranked 662th 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
Warrawong,2502 has offered an average of 10.18% return per annum in house price rises to property investors over the last three years.
LACK OF BUYER INTEREST may well be the reason that Warrawong is offering property investors an average of -5.35. This rate of discount on properties puts Suburb at number 853th in terms of most discounted suburbs in NSW
Residents and property investors in Warrawong have been waiting around 42.89 days to sell a property.
Situated 74.74km from the CBD, Warrawong is one of Wollongong localities in the postcode 2502.
Property investors who have had real estate in Warrawong, 2502 should be pleased with this NSW suburb’s performance compared to the rest of the country. Over the last year it has seen median house prices increase in value by 20.30%
Across a shorter period, Warrawong, 2502 has seen a median price increase of 13.54% over the last quarter.
Property investors looking for a bargain in Warrawong should be aiming for at least -2.03% off the asking price, which is the average vendor discount being achieved at the moment.
In the last year 14 properties changed hands in Warrawong, which puts it as the 524th most active market in NSW when comparing the number of sales per suburb.