Investment property in Wauchope 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 8.30%
Across a shorter period, Wauchope, 2446 has seen a median price increase of 4.34% over the last quarter.
LACK OF BUYER INTEREST may well be the reason that Wauchope is offering property investors an average of -5.49. This rate of discount on properties puts Suburb at number 1182th in terms of most discounted suburbs in NSW
Residents and property investors in Wauchope have been waiting around 74.86 days to sell a property.
Property investors should expect to get $370 weekly from the median priced house in this suburb.
If you compare the increase in value of investment property in Wauchope, 2446 to the rest of Australia, it performed very well. The median increase in value, or capital gain property investors experienced for this NSW suburb was 12.84%.
Taking the average capital gain, or increase in median house value, Wauchope,2446 has racked up an average of 12.84% over the period. This ranks it number 856th in the whole country for real estate investors looking at median house price increases.
In the last year 16 properties changed hands in Wauchope, which puts it as the 494th most active market in NSW when comparing the number of sales per suburb.
Renters in Suburb are facing rents around $4140 per annum or $345 every week.