Warana has had a A very good year for property investment returns compared to the rest of QLD, giving investors a capital gain of 9.65% to date .
While Warana,4575 ranked number 457th in QLD for increase in median house value (annualised) increase, it is ranked 206th over the last 5 years.
The most recent median price for Warana is $625000, with sellers offering an average of -4.60% off the asking price.
On average over the past year, suburb has had 4.92 sales per month, which equates to 59 per year.
Using the current median advertised rental of $462.5 and the average annual increase in value of a median property of 3.34%, investors should hope to achieve an overall return of 3.85%
If you compare the increase in value of investment property in Warana, 4575 to the rest of Australia, it performed somewhat poorly. The median increase in value, or capital gain property investors experienced for this QLD suburb was 1.45%.
A 23.67% growth in median value for property investors in Warana,4575 puts this suburb at number 45th in terms of best performing suburbs in QLD
Our latest figures would indicate that property sellers in Warana are currently offering property investors an average price cut of -4.48% below the asking price at the moment.
Using the current median advertised rental of $365 and the average annual increase in value of a median property of 1.36%, investors should hope to achieve an overall return of 5.42%