Property investors who have had real estate in Warilla, 2528 should be relatively pleased with this NSW suburb’s performance compared to the rest of the country. Over the last year it has seen median house prices increase in value by 13.50%
Taking the average capital gain, or increase in median house value, Warilla,2528 has racked up an average of 13.50% over the period. This ranks it number 622th in the whole country for real estate investors looking at median house price increases.
Property buyers and investors in Warilla 2528 should be seeing an average reduction in asking price of around -4.59% . This means that Warilla is holding prices well when compared to other suburbs in NSW.
Often selling an investment property can take time, and in Warilla the average time real estate has been on the market is 41.3 days.
Using the current median advertised rental of $430 and the average annual increase in value of a median property of 7.53%, investors should hope to achieve an overall return of 4.03%
Property value increases in Warilla have tracked just higher than the NSW average of 5.36% over the last 12 months.
Taking the average capital gain, or increase in median house value, Warilla,2528 has racked up an average of 11.73% over the period. This ranks it number 106th in the whole country for real estate investors looking at median house price increases.
Property investors looking for a bargain in Warilla should be aiming for at least -7.68% off the asking price, which is the average vendor discount being achieved at the moment.
At number 946 in a list of fastest selling suburbs, Warilla is in the bottom 40% of suburbs in Australia with an average of days on market 83.1 for properties listed there.
Property investors should expect to get $380 weekly from the median priced house in this suburb.