Based on its average 5-year and quarterly capital gains WARRIEWOOD, 2102 saw average growth in the long term.
A survey of average capital gains or median home price increase in suburbs across the country shows that WARRIEWOOD, 2102 obtained a 6.6% growth over a ten-year period. It ranks 2243rd on our list of suburbs that property investors should look into.
WARRIEWOOD, 2102 in NSW belongs to the local government area of Northern Beaches.
WARRIEWOOD, 2102 has a capital gain of 0.85% for the past year, which is lower than average compared to its 47.2% growth within a five-year period.
With the median home price in WARRIEWOOD sitting at $2,370,000, and the average rent at $1420, property owners could potentially earn a 3.12% increase in gross rental yield.
Figures from the previous quarter show that capital gains for real estate buyers in WARRIEWOOD are low, as opposed to average gains per annum over the past five years.
A steady increase in median property prices over a five-year period in WARRIEWOOD, 2102 translates to a 18.37% capital gain.
Property investors enjoyed capital gains of 0.87% over the last 12 months in WARRIEWOOD, translating to lower returns compared with its peers in NSW.
WARRIEWOOD, 2102 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 $1,450,000.
Profits due to an upward trend in home prices in WARRIEWOOD, 2102 averaged 6.12% per annum over a 3-year period.
Home owners selling their properties and realtors in WARRIEWOOD usually have to wait an average of 66.9 days days before their assets are lifted off the market.
Average weekly rents on listings have reached the $980 mark, reflecting a 3.51% increase in returns based on the current median price in WARRIEWOOD.
WARRIEWOOD, 2102 places 425th in Australia based on median property value growth during the quarter.