NSW has seen average median house prices change by 11.67% which means that Wahroonga, 2076 has done well for property investors by showing a capital gain of 15.64% over the last year
Wahroonga,2076 has offered an average of 15.64% return per annum in house price rises to property investors over the last three years.
Property investors looking for a bargain in Wahroonga should be aiming for at least -2.27% off the asking price, which is the average vendor discount being achieved at the moment.
Often selling an investment property can take time, and in Wahroonga the average time real estate has been on the market is 25.92 days.
The NSW suburb of Wahroonga, 2076 is in the Ku-ring-gai local government area.
Property investors who have had real estate in Wahroonga, 2076 should be relatively unhappy with this NSW suburb’s performance compared to the rest of the country. Over the last year it has seen median house prices decrease in value by -1.49%
Taking the average capital gain, or increase in median house value, Wahroonga,2076 has racked up an average of -1.49% over the period. This ranks it number 455th in the whole country for real estate investors looking at median house price increases.
Property investors should expect to get $560 weekly from the median priced house in this suburb.
Wahroonga is a commercial hub that has been seeing steady growth with limited supply. Prices rose by 4.3% over the past 12 months following a consistent growth period of five years. The current annual average growth rate is a strong 5.4%, and the average discount rate offered hovers at 5%.Full summary
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Homey suburb sees supply drop
Median unit price: $808,000
Stock on market: -45.30%
12-month growth: 4.26%
Named with an Aboriginal word that translates to “our home,” Wahroonga is a commercial hub that has been seeing steady growth with limited supply.
Prices rose by 4.3% over the past 12 months following a consistent growth period of five years. The current annual average growth rate is a strong 5.4%, and the average discount rate offered hovers at 5%. The amount of supply on the market decreased by -45.3% over the past 12 months, reflecting the trend displayed by many capitals recently. This could have had a prominent effect on its growth.
Wahroonga is populated by many shopping villages that house restaurants. The suburb is also the site of the Sydney Adventist Hospital. The second-oldest national park in the country, Ku-ring-gai Chase National Park, is located in Wahroonga.
Commuters can reach Sydney via train from Wahroonga Station. The suburb is also connected to Newcastle via the Sydney end of the M1.Close