Warrimoo has had a pretty good year for property investment returns compared to the rest of NSW, giving investors a capital gain of 12.12% to date .
If we look at median property appreciation over just the last three months, Warrimoo has given property investors a paper return of -0.40%. This puts Suburb as 959 on a list of fastest fasting appreciating suburbs in NSW
Property investors looking for a bargain in Warrimoo should be aiming for at least -5.15% off the asking price, which is the average vendor discount being achieved at the moment.
On average over the past year, suburb has had 4.33 sales per month, which equates to 52 per year.
With the median price for a house in Warrimoo being $620000 and the advertised rent reaching $450 the gross rental yield for property investors calculates out to be 3.77%