At number 3836th in the list of Australian suburbs ordered by increase in median house value over the last year, Wynyard, 7325 is in the BOTTOM 10% with a property value increase of -10.79% recorded in median house prices.
Wynyard,7325 has offered an average of -10.79% return per annum in house price rises to property investors over the last three years.
When looking to buy, or assessing what properties are really achieving at sale, it's essential for property investors to take into account what discounts are being offered in Wynyard, 7325. Typically our figures indicate that -6.98% is being offered, which puts this TAS suburb at 1265th most discounted overall in Australia.
In the last year 95 properties changed hands in Wynyard, which puts it as the 16th most active market in TAS when comparing the number of sales per suburb.
Wynyard, 7325’s gross rental yield is 6.12%
Giving property investors a a solid capital gain of 11.84% for the last year, Wynyard, 7325 is the 307th highest performer in Australia in this respect.
Over the longer term, Wynyard has seen property prices show investors a 13.33% return over the last 3 years. This is worse than over the last 12 months
Property investors looking for a bargain in Wynyard should be aiming for at least -4.31% off the asking price, which is the average vendor discount being achieved at the moment.
With the median price for a house in Wynyard being $255000 and the advertised rent reaching $235 the gross rental yield for property investors calculates out to be 4.79%