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Werris CreekWerris Creek - SUBURB PROFILE REPORT
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Figures from the previous quarter show that capital gains for real estate buyers in WERRIS CREEK are low, as opposed to average gains per annum over the past five years.
This number can mean, real estate investors could earn a rental income of $270 based on current median home prices for the suburb.
On average, rents on listings have reached the $270 mark, reflecting a 8.78% increase in returns based on the current median price in WERRIS CREEK.
WERRIS CREEK, 2341 ranks 1300th in NSW in terms of median property value increase and capital gains, based on year-to-date figures.
While it ranks 13th on the list of best yielding suburbs for rental properties in NSW, posting a 8.78% return.
| KEY PROPERTY DATA REPORT | HOUSE | UNIT |
|---|---|---|
| Median Price | $160,000 | N/A |
| GROWTH REPORT | ||
| Median Quarterly | -7.78% | N/A |
| Median 12 month | -12.57% | N/A |
| Median 3 years | -12.09% | N/A |
| Median 5 years | 14.08% | N/A |
| 10 years average annual | 4.73% | N/A |
| Weekly media advert. rent | $270 | N/A |
| Time on Market | 148.9 days | N/A |
| Gross Rental Yield Percent | 8.78% | N/A |
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