If you compare the increase in value of investment property in Wynn Vale, 5127 to the rest of Australia, it performed somewhat poorly. The median increase in value, or capital gain property investors experienced for this SA suburb was -1.20%.
Taking the average capital gain, or increase in median house value, Wynn Vale,5127 has racked up an average of -1.20% over the period. This ranks it number 3061th in the whole country for real estate investors looking at median house price increases.
Sellers are offering property buyers an average discount of -4.66% to buyers in Wynn Vale at the moment, which is less than average for the rest of SA.
Using the current median advertised rental of $355 and the average annual increase in value of a median property of 3.40%, investors should hope to achieve an overall return of 4.50%
SA has seen average median house prices change by 4.44% which means that Wynn Vale, 5127 has done well for property investors by showing a capital gain of -5.33% over the last year
A -3.33% growth in median value for property investors in Wynn Vale,5127 puts this suburb at number 115th in terms of best performing suburbs in SA
Our latest figures would indicate that property sellers in Wynn Vale are currently offering property investors an average price cut of -8.50% below the asking price at the moment.
Often selling an investment property can take time, and in Wynn Vale the average time real estate has been on the market is 119.27 days.
Renters in Suburb are facing rents around $3600 per annum or $300 every week.