Warrawee is a smaller suburb in New South Wales within the Ku-ring-gai local government area (postcode 2074). With a population of 3,170, the suburb has an established demographic with a median age of 42. Households earn a median income of $176K per year, with an average household size of 2.9 people. The most common occupations are professionals, managers, clerical & administrative. The top ancestries reported are English, Australian, Chinese.
The median house price in Warrawee is $4.1 million, having dropped significantly 15.5% over the past year. Units have a median price of $1.1 million (+33% YoY). The current median weekly rent is $1400. This gives a gross rental yield of approximately 1.8%. The median monthly mortgage repayment is $3,500.
Public transport access includes 1 rail station, 9 bus stops. The crime rate in the Ku-ring-gai LGA is low at 920 incidents per 100,000 population.
From an investment perspective, Warrawee offers a gross rental yield of 1.8%, rated as low yield. Property prices are above the state median ($4.1M/$1.5M), placing it in the premium segment. The price-to-income ratio of 23.5x is considered stretched. House prices have moved -15.5% year-on-year.
Warrawee is a smaller suburb in New South Wales within the Ku-ring-gai local government area (postcode 2074). With a population of 3,170, the suburb has an established demographic with a median age of 42. Households earn a median income of $176K per year, with an average household size of 2.9 people. The most common occupations are professionals, managers, clerical & administrative. The top ancestries reported are English, Australian, Chinese.
The median house price in Warrawee is $4.1 million, having dropped significantly 15.5% over the past year. Units have a median price of $1.1 million (+33% YoY). The current median weekly rent is $1400. This gives a gross rental yield of approximately 1.8%. The median monthly mortgage repayment is $3,500.
Public transport access includes 1 rail station, 9 bus stops. The crime rate in the Ku-ring-gai LGA is low at 920 incidents per 100,000 population.
From an investment perspective, Warrawee offers a gross rental yield of 1.8%, rated as low yield. Property prices are above the state median ($4.1M/$1.5M), placing it in the premium segment. The price-to-income ratio of 23.5x is considered stretched. House prices have moved -15.5% year-on-year.