At number 3238th in the list of Australian suburbs ordered by increase in median house value over the last year, Wakeley, 2176 is in the BOTTOM 30% with a property value increase of -3.03% recorded in median house prices.
Wakeley,2176 has offered an average of -3.03% return per annum in house price rises to property investors over the last three years.
Vendor discounting in Wakeley is giving property investors an average Vendor Discount of around -4.97%. This puts suburb at number 648th in NSW when ranking the most discounted suburbs.
Advertised rents are around the $480 mark per week – giving a return of 3.54% based on the median price in Suburb
With a capital gain of 14.85% for the last 12 months, Wakeley, 2176 has performed for property investments than its average annual 8.65% property growth over the last 5 years.
The five-year average increase in median property values for Wakeley,2176 has given property investors a potential capital gain of 65.36% across each of those five years.
Property investors looking for a bargain in Wakeley should be aiming for at least -3.47% off the asking price, which is the average vendor discount being achieved at the moment.
In the last year 10 properties changed hands in Wakeley, which puts it as the 574th most active market in NSW when comparing the number of sales per suburb.