Wulagi is an average performer in NT when comparing median price capital growth over the last year. Wulagi gave property investors a average capital gain figure when compared to the rest of the state, with -7.66%.
Data for the last quarter indicates that, in the short term at least, the capital value growth rate for property investors in Wulagi has fallen somewhat when compared to the 5 year average annual rate.
Property investors looking for a bargain in Wulagi should be aiming for at least -6.91% off the asking price, which is the average vendor discount being achieved at the moment.
In the last year 40 properties changed hands in Wulagi, which puts it as the 9th most active market in NT when comparing the number of sales per suburb.
Advertised rents are around the $520 mark per week – giving a return of 5.22% based on the median price in Suburb