Property investors enjoyed capital gains of 20% over the last 12 months in WARRAWONG, translating to lower returns compared with its peers in NSW.
Figures from the previous quarter show that capital gains for real estate buyers in WARRAWONG are low, as opposed to average gains per annum over the past five years.
The suburb posted a 59.12% growth in median prices over a three-year period. This is considerably lower than the gains it recorded over the past year.
This number can mean, real estate investors could earn a rental income of $400 based on current median home prices for the suburb.
On average, rents on listings have reached the $400 mark, reflecting a 3.96% increase in returns based on the current median price in WARRAWONG.
WARRAWONG, 2502 ranks 208th in NSW in terms of median property value increase and capital gains, based on year-to-date figures.
While it ranks 389th on the list of best yielding suburbs for rental properties in NSW, posting a 3.96% return.
Property investors have seen a -13.9% drop in WARRAWONG based on a decrease in median home prices for the past three months.
Based on its average 5-year and quarterly capital gains WARRAWONG, 2502 saw average growth in the long term.
WARRAWONG, 2502 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 $350,000.
Profits due to an upward trend in home prices in WARRAWONG, 2502 averaged 10.08% per annum over a 3-year period.
This number can mean, real estate investors could earn a rental income of $300 based on current median home prices for the suburb.
The gross rental yield in WARRAWONG, 2502 is 4.46%.
An average of 1.33 real estate transactions take place per month in WARRAWONG which translates to 16 per annum.
Based on what is coming out of the Royal...
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