Suburb Profile Report for Warners Bay NSW (2282)

Warners Bay House: Median price $640,000, Annual capital growth 5.93%, Number of sales 99, Weekly median advertised rent $453

Warners Bay Unit: Median price $520,000, Annual capital growth 3.90%, Number of sales 55, Weekly median advertised rent $400

  • House
  • Unit
Source: CoreLogic RP Data
  • Median price
  • Number of sales

Source: Monthly data update for Nov 2019 as supplied by CoreLogic. Data is reported to the period ending Aug 2019. Please note that property sales data is routinely updated, so may change retrospectively.

  • House Report
  • Unit Report

Property investors who have had real estate in Warners Bay, 2282 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 -5.19%

The five-year average increase in median property values for Warners Bay,2282 has given property investors a potential capital gain of 43.50% across each of those five years.

Vendor discounting in Warners Bay is giving property investors an average Vendor Discount of around -6.40%. This puts suburb at number 602th in NSW when ranking the most discounted suburbs.

At number 502 in a list of fastest selling suburbs, Warners Bay is in the TOP 20% of suburbs in Australia with an average of days on market 54.2432 for properties listed there.

Situated 107.77km from the CBD, Warners Bay is one of Lake Macquarie (C) localities in the postcode 2282.

NSW has seen average median house prices change by -4.02% which means that Warners Bay, 2282 has not done well for property investors by showing a capital gain of -2.26% over the last year

Over the longer term, Warners Bay has seen property prices show investors a 10.87% return over the last 3 years. This is worse than over the last 12 months

The most recent median price for Warners Bay is $520000, with sellers offering an average of -7.09% off the asking price.

Residents and property investors in Warners Bay have been waiting around 79.5435 days to sell a property.

Metrics i HOUSE UNIT
$640,000 $520,000
-1.54% -1.07%
-5.19% -2.26%
5.93% 3.90%
$453 $400
99 55
3.68% 4.00%
54.2432432432432 79.5434782608696

Source: Monthly data update for Nov 2019 as supplied by CoreLogic. Data is reported to the period ending Aug 2019. Please note that property sales data is routinely updated, so may change retrospectively.

DSR Score for property investment : Good (H), Balanced (U)
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Demographics
Total population 7455
Median household income ($/weekly) 1055
Median age of persons 42
Median housing loan repayment ($/monthly) 1780
Average household size 2.4
  • Census Count Percent(%)
    5-14 years 959 12.9
    35-44 years 1042 14.0
    45-54 years 922 12.4
    55-64 years 936 12.6
    65-74 years 815 10.9
    Others 2783 37.3
    Age Group
    Census Count Percent(%)
    Registered Married 2939 51.8
    Not Married 2254 39.7
    Defacto Relationship 482 8.5
    Social Marital Status
  • Census Count Percent(%)
    Australia 6316 87.8
    Greece 77 1.1
    Papua New Guinea 79 1.1
    United Kingdom 326 4.5
    Other 101 1.4
    Others 298 4.1
    Country of Birth
    Census Count Percent(%)
    Buddhism 58 0.8
    Christianity 5272 76.8
    Hinduism 37 0.5
    Islam 24 0.3
    No Religion 1451 21.1
    Others 24 0.3
    Religious Affiliation
  • Census Count Percent(%)
    $300-$399 257 9.5
    $400-$599 343 12.7
    $600-$799 314 11.6
    $800-$999 244 9.0
    $1,500-$1,999 335 12.4
    Others 1209 44.7
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Not in the labour force 2371 40.5
    Employed, worked full-time 1989 34.0
    Employed, worked part-time 1114 19.0
    Employed, away from work 215 3.7
    Unemployed, looking for work 163 2.8
    Person Characteristics
  • Census Count Percent(%)
    Managers 374 11.3
    Professionals 691 20.8
    Technicians & trades workers 508 15.3
    Clerical & administrative workers 540 16.3
    Sales 345 10.4
    Others 861 25.9
    Occupation
    Census Count Percent(%)
    Pre-school 130 7.6
    Infants/Primary 633 37.2
    Secondary 500 29.4
    Technical or Further Educational Institution 146 8.6
    University or other Tertiary Institutions 258 15.2
    Others 35 2.1
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 5894 82.7
    Semi-detached, row or terrace house, townhouse 1042 14.6
    Flat, unit or apartment 188 2.6
    House or flat attached to a shop, office 3 0.0
    Caravan, cabin, houseboat 0 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Fully owned 1280 44.2
    Being purchased 894 30.9
    Rented 712 24.6
    Other tenure type 11 0.4
    Tenure Type
Census 2011, ABS
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