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.