If you compare the increase in value of investment property in Wagaman, 0810 to the rest of Australia, it performed poorly. The median increase in value, or capital gain property investors experienced for this NT suburb was -10.86%.
Over the longer term, Wagaman has seen property prices show investors a -18.64% return over the last 3 years. This is an improvement over the last 12 months
Sellers are offering property buyers an average discount of -7.53% to buyers in Wagaman at the moment, which is less than average for the rest of NT.
In the last year 21 properties changed hands in Wagaman, which puts it as the 29th most active market in NT when comparing the number of sales per suburb.
Wagaman, 0810’s gross rental yield is 5.42%