BENDIGO 
1 MIN READMetro Melbourne Surpasses $1m Mark For The First Time
While it has lagged behind other capital cities in post-pandemic recovery, Melbourne has now cemented its resilience, re...
Read More
WarraweeWarrawee - SUBURB PROFILE REPORT
SHARE 
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 $2,880,000
Profits averaged -2.71% 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 $1275 based on current median home prices for the suburb.
The gross rental yield in WARRAWEE, 2074 is 2.3%.
An average of 3.25 real estate transactions take place per month in WARRAWEE which translates to 39 per annum.
| KEY PROPERTY DATA REPORT | HOUSE | UNIT |
|---|---|---|
| Median Price | $2,880,000 | $922,500 |
| GROWTH REPORT | ||
| Median Quarterly | 0% | -4.33% |
| Median 12 month | 1.95% | -12.14% |
| Median 3 years | -8.13% | -36.82% |
| Median 5 years | 14.49% | 5.73% |
| 10 years average annual | 9.61% | 7.71% |
| Weekly media advert. rent | $1275 | $550 |
| Time on Market | 51.3 days | 0.0 days |
| Gross Rental Yield Percent | 2.3% | 3.1% |
Get notifications in real-time for staying up to date with content that matters to you.
Copyright © 2021 Smart Property Investment
