Property investors have seen a 0% 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 $3,510,000
Profits averaged -5% 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 $1625 based on current median home prices for the suburb.
The gross rental yield in WARRAWEE, 2074 is 2.41%.
An average of 2.42 real estate transactions take place per month in WARRAWEE which translates to 29 per annum.
Property investments in WARRAWEE did not fare well against the rest of the country last year, registering a median home price decrease of 3.69%.
Figures from the previous quarter show that capital gains for real estate buyers in WARRAWEE are high, as opposed to average gains per annum over the past five years.
Based on its average 5-year and quarterly capital gains WARRAWEE, 2074 saw average growth in the long term.
This means, real estate investors could earn a rental income of $770 based on current median home prices for the suburb.
It is expected for properties to spend some time on the market prior to a successful sale. In WARRAWEE, homes and units usually stay on listing for an average of 62.9 days.
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 $912,500
Investors saw the median home price rise to $912,500.
WARRAWEE ranks 231st on the list of best yielding suburbs for rental properties in NSW, posting a 4.39% return.