WATANOBBI ranks 551st in NSW when it comes to estimated capital gains experienced by property investors over the past three years.
The suburb’s capital gain of 8.7% for the past year is lower than average compared to its 78.57% growth within a five-year period.
Also in WATANOBBI, the median home price is sitting at $500,000, and the average rent at $400, this suggests property owners could potentially earn a 4.16% increase in gross rental yield.
Property investors have seen a 2.04% gain in WATANOBBI based on an increase in median home prices for the past three months.
A survey of average capital gains or median home price increase in suburbs across the country shows that this suburb obtained a 6.68% growth over a ten-year period. It ranks 1063rd on our list of suburbs that property investors should look into.