A steady increase in median property prices over a five-year period in the suburb translates to a 29.4% capital gain.
The suburb also delivered a weaker performance in contrast to other Australian suburbs in terms of appreciation of property value. Investors saw the median home price rise to $970,500.
Profits due to an upward trend in home prices there averaged 9.8% per annum over a 3-year period.
Home owners selling their properties and realtors in WARABROOK usually have to wait an average of 22.3 days days before their assets are lifted off the market.
Average weekly rents on listings have reached the $730 mark, reflecting a 3.91% increase in returns based on the current median price in WARABROOK.
WARABROOK, 2304 places 1144th in Australia based on median property value growth during the quarter.
Figures from the previous quarter show that capital gains for real estate buyers in WARABROOK are low, as opposed to average gains per annum over the past five years.
Real estate investors could earn a rental income of $605 based on current median home prices for the suburb.
Average weekly rents on listings have reached the $605 mark, reflecting a 4.19% increase in returns based on the current median price in WARABROOK.
WARABROOK, 2304 ranks th in NSW in terms of median property value increase and capital gains, based on year-to-date figures.
WARABROOK ranks 288th on the list of best yielding suburbs for rental properties in NSW, posting a 4.19% return.