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Warrawee

POSTAL CODE: NSW, 2074
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Property investors have seen a 27.95% gain in WARRAWEE based on an increase 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 $4,120,000

Profits averaged 8% per annum over a 3-year period, due to an upward trend in home prices in WARRAWEE, 2074.

This means, real estate investors could earn a rental income of $1475 based on current median home prices for the suburb.

The gross rental yield in WARRAWEE, 2074 is 1.86%.

An average of 2.75 real estate transactions take place per month in WARRAWEE which translates to 33 per annum.

Surburb overview

Warrawee, located approximately 17 kilometres northwest of Sydney's central business district, is a suburb on the Upper North Shore within the local government area of Ku-ring-gai Council. The name "Warrawee" is believed to be an Aboriginal word meaning "rest a while," "stop here," or "to stand."

As of the 2021 census, Warrawee had 3,170 residents. The suburb is predominantly residential, with leafy streets and heritage homes. Notably, Warrawee railway station does not support commercial activities, which is uncommon on the Sydney train network.

Warrawee is home to several heritage-listed sites, including "Pibrac" on Pibrac Avenue, designed by architect John Horbury Hunt in 1888. The suburb also features other significant residences, such as "Cheddington" (1890) and "Wirepe" (1893), reflecting its notable architectural history.

Educational institutions in the area include Warrawee Public School, established in 1906, and Knox Grammar School, which, while listing its address as Wahroonga, is predominantly situated in Warrawee, approximately 200 meters from Warrawee railway station.

Public transportation is available through Warrawee railway station on the North Shore railway line, which provides residents with access to Sydney's CBD and surrounding areas.

The suburb's combination of residential charm, convenient amenities, and accessibility to Sydney's central areas makes Warrawee a desirable location for many residents. 

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