All Suburbs

Wareemba

NSW 2046LGA: City of Canada Bay

Investment Score

78

/100

AI Intelligence Summary

Wareemba is a prestigious waterfront suburb in Sydney's Inner West, known for its exclusive residential character and limited housing stock. Located approximately 10km from the CBD, this small peninsula suburb offers a unique blend of waterfront living and urban convenience. The area is predominantly family-oriented with detached houses commanding premium prices due to the waterfront location and heritage character. Demographics show high-income professionals and managers, many with tertiary education and overseas backgrounds, particularly from European countries. The suburb features Wareemba Public School, waterfront recreation along Wareemba Bay, and strong community connections. Property values have demonstrated consistent growth over the past decade, supported by limited supply and high demand. While transport relies primarily on bus connections rather than direct rail access, the proximity to Drummoyne and Abbotsford provides additional amenities. The suburb maintains a village-like atmosphere with minimal commercial development, appealing to families seeking premium Inner West living with water views and established character.

Strengths

  • Premium waterfront location with bay access and water views
  • Strong property value growth with limited housing stock creating scarcity value
  • High-income demographic with educated professionals and stable families
  • Excellent proximity to CBD (10km) while maintaining suburban character

Opportunities

  • Continued waterfront property value appreciation due to scarcity
  • Potential for heritage-sensitive renovations and improvements
  • Growing demand for Inner West premium locations
  • Infrastructure improvements in broader Inner West region

Considerations

  • Limited public transport with no direct rail access
  • Higher property prices limiting affordability for first-time buyers
  • Minimal commercial facilities requiring travel for shopping and services
  • Heritage constraints limiting development and housing supply growth

Property Market

Median House

$2.45M

+8.5% 1yr

Median Unit

$1.15M

+6.8% 1yr

Median Townhouse

$1.85M

Rent (House)

$1,320/wk

Rent (Unit)

$920/wk

Days on Market

28

Vacancy Rate

1.2%

Auction Clearance

78.0%

Price Growth

Type1 Year3 Year5 Year
House+8.5%+28.2%+45.8%
Unit+6.8%+22.4%+38.2%

Rental Yields

House Yield

2.8%

Unit Yield

4.2%

Townhouse Yield

3.2%

Investment Scorecard

Overall Investment Score78/100
Growth Potential82/100
Cashflow Score58/100
Risk Score (lower = safer)72/100
Affordability Index45/100

Demand/Supply Ratio: 2.10

Demand exceeds supply — favourable for sellers

Tax & Financial Intelligence

CPA-grade analysis for Wareemba at median house price

Standard transfer
$117,140
First Home Buyer
$117,140
Foreign buyer surcharge
$196,000

+8% surcharge

Annual rent income
$68,640

$1320/wk

Interest (80% LVR @ 6.5%)
-$127,400
Other expenses (~2.5%)
-$61,250
Net rental position
-$120,010

Negatively geared

Tax benefit (39% MTR)
+$46,804

Reduces taxable income

After-tax holding cost
$73,206/yr

~$1,408/week

Based on 9.2% p.a. growth (from 5-year trend), 50% CGT discount, 39% MTR

5-Year Hold

Est. value
$3.80M
Capital gain
$1.22M
After discount
$608,994
CGT payable
$237,507

10-Year Hold

Est. value
$5.89M
Capital gain
$3.31M
After discount
$1.65M
CGT payable
$644,739

Investor Quick Summary

Entry cost (stamp duty)

$117,140

After-tax yield

1.71%

Weekly holding cost

$1408/wk

10yr CGT (est.)

$644,739

Estimates based on FY2025 NSW rates at median house price. Assumes 80% LVR, 6.5% interest rate, 39% marginal tax rate ($135K-$190K bracket). Individual circumstances vary. This is general information only and not personal financial advice. Consult your CPA before making investment decisions. Local Knowledge Pty Ltd — Registered Tax Agent.

Demographics

Population

1,850

Median Age

42

Median Income

$95K

per annum

Family Households

68.0%

Professionals

52.0%

University Educated

48.0%

Unemployment

3.2%

Born Overseas

42.0%

Dwelling Mix

Houses: 78%Units: 15%Townhouses: 7%Total: 720

Lifestyle & Community

Walkability65/100
Public Transport5/10
Schools Rating8/10
Safety9/10
Family Friendly9/10
Cafes & Restaurants

12

Parks

6

Hospitals

1

Distance to CBD

10.0 km

Nearest Station: Drummoyne (bus connection)

Premium waterfront living with bay access, walking trails, quality local schooling, and easy access to Inner West dining and cultural amenities in nearby suburbs.

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Data sourced from multiple sources. Last updated 29 March 2026.

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