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 19.47%
Data for the last quarter indicates that, in the short term at least, the capital value growth rate for property investors in Warrawong has increased when compared to the 5 year average annual rate.
Warrawong2502 is located in NSW which offers an average discount of -5.52% to property investors. Warrawong itself is showing figures that indicate -4.12% is the average achievable by property buyers investing in the suburb.
Often selling an investment property can take time, and in Warrawong the average time real estate has been on the market is 62.77 days.
Property investors should expect to get $390 weekly from the median priced house in this suburb.
At number 1352th in the list of Australian suburbs ordered by increase in median house value over the last year, Warrawong, 2502 is in the BOTTOM 30% with a property value increase of -3.33% recorded in median house prices.
Taking the average capital gain, or increase in median house value, Warrawong,2502 has racked up an average of -3.33% over the period. This ranks it number 39th in the whole country for real estate investors looking at median house price increases.
Sellers are offering property buyers an average discount of -1.66% to buyers in Warrawong at the moment, which is less than average for the rest of NSW.
The NSW suburb of Warrawong, 2502 is in the Wollongong local government area.