Investment property in Warrawong has done not badly for investors when compared to the country as a whole over the last 12 months, with an increase in the median house price of 9.24%
Taking the average capital gain, or increase in median house value, Warrawong,2502 has racked up an average of 9.24% over the period. This ranks it number 452th in the whole country for real estate investors looking at median house price increases.
At number 1001th of NSW’s most discounted properties, Warrawong is in the TOP 20% of the state/territory when listing in order of most discounted to least.
Situated 74.75km from the CBD, Warrawong is one of Wollongong localities in the postcode 2502.
Warrawong, 2502 ranked 178th 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
Over the longer term, Warrawong has seen property prices show investors a 88.37% return over the last 3 years. This is worse than over the last 12 months
Warrawong, 2502 is offering NSW ‘s 467th most discounted properties when looking at the average discount being offered by vendors. This puts it in the bottom 10% of discounts offered by this NSW.
With the median price for a house in Warrawong being $340000 and the advertised rent reaching $290 the gross rental yield for property investors calculates out to be 4.44%