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Wamberal
AREA REPORTS

Wamberal

Wamberal - SUBURB PROFILE REPORT
POSTAL CODE: NSW, 2260

house
unit

Property investors have seen a 6.6% gain in WAMBERAL based on an increase in median home prices for the past three months.

Homeowners and real estate investors betting on WAMBERAL, 2260 can rest assured about this NSW suburb's performance. The suburb saw median home prices rise by 33.25%.

Based on its average 5-year and quarterly capital gains WAMBERAL, 2260 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 $1,332,500

Profits averaged 5.63% per annum over a 3-year period, due to an upward trend in home prices in WAMBERAL, 2260.

This means, real estate investors could earn a rental income of $650 based on current median home prices for the suburb.

The gross rental yield in WAMBERAL, 2260 is 2.54%.

An average of 14.58 real estate transactions take place per month in WAMBERAL which translates to 175 per annum.

Data report can be found below

Wamberal
KEY PROPERTY DATA REPORT HOUSE UNIT
Median Price $1,332,500 $850,000
GROWTH REPORT
Median Quarterly 6.6% -7.36%
Median 12 month 33.25% 13.33%
Median 3 years 16.89% 18.06%
Median 5 years 60.3% 39.34%
10 years average annual 10.14% 5.74%
Weekly media advert. rent $650 $440
Time on Market 54.8 days 26.5 days
Gross Rental Yield Percent 2.54% 2.69%
demographics (median values)*
Total Population
23417
Weekly Household Income
1801
Household Size
2.70
Age
41
Monthly Loan Repayment
2167
* Australian Bureau of Statistics (May 2021) 2016 Census DataPacks[https://datapacks.censusdata.abs.gov.au/datapacks/],ABS Website, accessed 2016.
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