Giving property investors a an average capital gain of 4.42% for the last year, Warners Bay, 2282 is the 2009th highest performer in Australia in this respect.
Warners Bay,2282 was ranked 3357 in Australia by increase in median property value over the quarter.
Property investors looking for a bargain in Warners Bay should be aiming for at least -4.78% off the asking price, which is the average vendor discount being achieved at the moment.
Residents and property investors in Warners Bay have been waiting around 46.46 days to sell a property.
Using the current median advertised rental of $430 and the average annual increase in value of a median property of 5.66%, investors should hope to achieve an overall return of 3.57%
NSW has seen average median house prices change by 2.79% which means that Warners Bay, 2282 has done well for property investors by showing a capital gain of 8.41% over the last year
Comparing Warners Bay,2282 ‘s 5year and quarterly average capital gain offered to property investors, it performed less well across the longer period
Vendor discounting in Warners Bay is giving property investors an average Vendor Discount of around -2.91%. This puts suburb at number 424th in NSW when ranking the most discounted suburbs.
Situated 67.41km from the CBD, Warners Bay is one of Lake Macquarie localities in the postcode 2282.