Based on its average 5-year and quarterly capital gains WARATAH, 2298 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 WARATAH, 2298 obtained a 6.48% growth over a ten-year period. It ranks 1031st on our list of suburbs that property investors should look into.
WARATAH, 2298 in NSW belongs to the local government area of Newcastle.
WARATAH, 2298 has a capital gain of 19.33% for the past year, which is higher than average compared to its 49.32% growth within a five-year period.
With the median home price in WARATAH sitting at $552,500, and the average rent at $400, property owners could potentially earn a 3.76% increase in gross rental yield.
Figures from the previous quarter show that capital gains for real estate buyers in WARATAH are low, as opposed to average gains per annum over the past five years.
|KEY PROPERTY DATA REPORT||HOUSE||UNIT|
|Median 12 month||19.33%||2.8%|
|Median 3 years||31.92%||8.47%|
|Median 5 years||49.32%||28.74%|
|10 years average annual||6.48%||7.11%|
|Weekly media advert. rent||$400||$320|
|Time on Market||32.4 days||24.6 days|
|Gross Rental Yield Percent||3.76%||4.32%|