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AREA REPORTS

Wareemba

Suburb Profile

Wareemba - FREE SUBURB PROFILE REPORT
POSTAL CODE: NSW,2046

house
unit

A steady increase in median property prices over a five-year period in the suburb translates to a 25.28% capital gain.

It also delivered a stronger performance in contrast to other Australian suburbs in terms of appreciation of property value.Investors saw the median home price rise to $2,217,500

The augmented property values in the suburb are trailing above the territorial average of 7.28% in 2016.

On the other hand, based on current median home prices for the suburb, Real estate investors could earn a rental income of $680.

Home owners selling their properties and realtors in WAREEMBA usually have to wait an average of 0.0 days days before their assets are lifted off the market.

The NSW suburb ranks 1102nd on the list of best yielding suburbs for rental properties in NSW, posting a 1.59% return.

It also places places 60th in Australia based on median property value growth during the quarter.

Data report can be found below

KEY PROPERTY DATA REPORT HOUSE UNIT
Median Price $2,217,500 $914,000
GROWTH REPORT
Median Quarterly 15.05% 3.28%
Median 12 month 21.84% 0.13%
Median 3 years 25.28% -10.83%
Median 5 years 31.49% N/A
10 years average annual 8.62% 0.74%
Weekly media advert. rent $680 $590
Time on Market 0.0 days 0.0 days
Gross Rental Yield Percent 1.59% 3.36%
demographics (median values)
Total Population
1392
Weekly Household Income
1117
Household Size
2.30
demographics
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