Investment property in Watanobbi has done not badly for investors when compared to the country as a whole over the last 12 months, with an increase in the median house price of 7.74%
Watanobbi,2259 has offered an average of 7.74% return per annum in house price rises to property investors over the last three years.
State is the 7th most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -5.55% offered to property buyers. Sellers in Watanobbi itself are offering an average vendor discount of -4.59% to real estate investors.
With the median price for a house in Watanobbi being $435000 and the advertised rent reaching $390 the gross rental yield for property investors calculates out to be 4.66%