Property investors who have had real estate in Warilla, 2528 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 15.00%
Data for the last quarter indicates that, in the short term at least, the capital value growth rate for property investors in Warilla has increased when compared to the 5 year average annual rate.
At number 1070th of NSW’s most discounted properties, Warilla is in the TOP 20% of the state/territory when listing in order of most discounted to least.
Using the current median advertised rental of $400 and the average annual increase in value of a median property of 5.90%, investors should hope to achieve an overall return of 4.52%
Over the last year, property investments in Warilla, 2528 have given investors a capital gain of 11.76%. This compares favourably with the 6.92% for NSW as a whole.
Warilla,2528 has offered an average of 11.76% return per annum in house price rises to property investors over the last three years.
Property investors looking for a bargain in Warilla should be aiming for at least -1.73% off the asking price, which is the average vendor discount being achieved at the moment.
With the median price for a house in Warilla being $380000 and the advertised rent reaching $370 the gross rental yield for property investors calculates out to be 5.06%