Investment property in Wauchope has done around average for investors when compared to the country as a whole over the last 12 months, with an increase in the median house price of 3.14%
Over the longer term, Wauchope has seen property prices show investors a 26.67% return over the last 3 years. This is worse than over the last 12 months
State is the 7th most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -5.50% offered to property buyers. Sellers in Wauchope itself are offering an average vendor discount of -3.24% to real estate investors.
Often selling an investment property can take time, and in Wauchope the average time real estate has been on the market is 86.05 days.
Wauchope, 2446’s gross rental yield is 5.33%
Wauchope, 2446 ranked 204th in NSW when comparing growth in median property values or capital gain over the last 12 months. Wauchope is one of 3163 in our list for NSW
Across a shorter period, Wauchope, 2446 has seen a median price increase of -0.69% over the last quarter.
LACK OF BUYER INTEREST may well be the reason that Wauchope is offering property investors an average of -4.45. This rate of discount on properties puts Suburb at number 302th in terms of most discounted suburbs in NSW
A $340 per week rent on the median house gives suburb investors a gross yield of circa 6.15%, without taking into account capital value appreciation, which has been averaging out at 2.80%.