Wallaga Lake is in the bottom 20% in NSW when comparing median price capital growth over the last year. Wallaga Lake gave property investors a dismal capital gain figure when compared to the rest of the state, with -1.19%.
Taking the average capital gain, or increase in median house value, Wallaga Lake,2546 has racked up an average of -1.19% over the period. This ranks it number 1467th in the whole country for real estate investors looking at median house price increases.
Property investors looking for a bargain in Wallaga Lake should be aiming for at least -2.77% off the asking price, which is the average vendor discount being achieved at the moment.
The NSW suburb of Wallaga Lake, 2546 is in the Bega Valley local government area.