NSW has seen average median house prices change by 7.15% which means that Warrawong, 2502 has done well for property investors by showing a capital gain of 15.44% over the last year
A 58.30% growth in median value for property investors in Warrawong,2502 puts this suburb at number 676th in terms of best performing suburbs in NSW
Property buyers and investors in Warrawong 2502 should be seeing an average reduction in asking price of around -4.21% . This means that Warrawong is holding prices well when compared to other suburbs in NSW.
Renters in Suburb are facing rents around $4800 per annum or $400 every week.
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 6.40%
Vendor discounting in Warrawong is giving property investors an average Vendor Discount of around -1.66%. This puts suburb at number 454th in NSW when ranking the most discounted suburbs.
Often selling an investment property can take time, and in Warrawong the average time real estate has been on the market is 61.66 days.
With the median price for a house in Warrawong being $332500 and the advertised rent reaching $305 the gross rental yield for property investors calculates out to be 4.77%