At number 667th in the list of Australian suburbs ordered by increase in median house value over the last year, Wamberal, 2260 is in the top 20% with a property value increase of 17.65% recorded in median house prices.
A 66.67% growth in median value for property investors in Wamberal,2260 puts this suburb at number 372th in terms of best performing suburbs in NSW
Wamberal2260 is located in NSW which offers an average discount of -5.24% to property investors. Wamberal itself is showing figures that indicate 0.00% is the average achievable by property buyers investing in the suburb.
Using the current median advertised rental of $570 and the average annual increase in value of a median property of 6.64%, investors should hope to achieve an overall return of 2.96%
If you compare the increase in value of investment property in Wamberal, 2260 to the rest of Australia, it performed very well. The median increase in value, or capital gain property investors experienced for this NSW suburb was 23.35%.
Over the longer term, Wamberal has seen property prices show investors a 63.93% return over the last 3 years. This is worse than over the last 12 months
Using the current median advertised rental of $480 and the average annual increase in value of a median property of 7.18%, investors should hope to achieve an overall return of 3.57%