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Wareemba
AREA REPORTS

Wareemba

Wareemba - SUBURB PROFILE REPORT
POSTAL CODE: NSW, 2046

house
unit

A 34.68% increase in median property prices in WAREEMBA, 2046 has allowed this suburb to join the ranks of best performing suburbs in NSW, settling at number 62nd.

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 $2,478,050

The augmented property values in the suburb are trailing above the territorial average of 12.41% in 2016.

On the other hand, based on current median home prices for the suburb, Real estate investors could earn a rental income of $830.

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 1117th on the list of best yielding suburbs for rental properties in NSW, posting a 1.74% return.

It also places places 92nd in Australia based on median property value growth during the quarter.

Data report can be found below

Wareemba
KEY PROPERTY DATA REPORT HOUSE UNIT
Median Price $2,478,050 $1,063,000
GROWTH REPORT
Median Quarterly 14.2% 10.96%
Median 12 month 34.68% 18.25%
Median 3 years 30.42% 17.13%
Median 5 years N/A N/A
10 years average annual 13.06% 10.25%
Weekly media advert. rent $830 $595
Time on Market 0.0 days 0.0 days
Gross Rental Yield Percent 1.74% 2.91%
demographics (median values)*
Total Population
26822
Weekly Household Income
2098
Household Size
2.50
Age
41
Monthly Loan Repayment
2600
* Australian Bureau of Statistics (May 2021) 2016 Census DataPacks[https://datapacks.censusdata.abs.gov.au/datapacks/],ABS Website, accessed 2016.
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