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Property investors have seen a -18.81% drop in WARRAWEE based on a decrease in median home prices for the past three months.
Based on its average 5-year and quarterly capital gains WARRAWEE, 2074 saw average growth in the long term.
The NSW suburb 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 $2,458,000
Profits averaged -0.56% per annum over a 3-year period, due to an downward trend in home prices in WARRAWEE, 2074.
This means, real estate investors could earn a rental income of $950 based on current median home prices for the suburb.
The gross rental yield in WARRAWEE, 2074 is 2.01%.
An average of 2.42 real estate transactions take place per month in WARRAWEE which translates to 29 per annum.
| KEY PROPERTY DATA REPORT | HOUSE | UNIT |
|---|---|---|
| Median Price | $2,458,000 | $1,075,000 |
| GROWTH REPORT | ||
| Median Quarterly | -18.81% | -2.27% |
| Median 12 month | -23.19% | 34.38% |
| Median 3 years | -1.68% | -19.17% |
| Median 5 years | 15.67% | 44.3% |
| 10 years average annual | 8.14% | 9.75% |
| Weekly media advert. rent | $950 | $630 |
| Time on Market | 65.5 days | 68.3 days |
| Gross Rental Yield Percent | 2.01% | 3.05% |
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