With a capital gain of 10.67% for the last 12 months, Warrawong, 2502 has performed for property investments than its average annual 6.58% property growth over the last 5 years.
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.
At number 905th of NSW’s most discounted properties, Warrawong is in the TOP 30% of the state/territory when listing in order of most discounted to least.
Using the current median advertised rental of $390 and the average annual increase in value of a median property of 6.58%, investors should hope to achieve an overall return of 4.50%
Warrawong, 2502 ranked 20th 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 29.56% over the period. This ranks it number 6th in the whole country for real estate investors looking at median house price increases.
Our latest figures would indicate that property sellers in Warrawong are currently offering property investors an average price cut of -0.71% below the asking price at the moment.
The NSW suburb of Warrawong, 2502 is in the Wollongong local government area.