Wynyard has had a very poor year for property investment returns compared to the rest of TAS, giving investors a capital gain of -9.29% to date .
Data for the last quarter indicates that, in the short term at least, the capital value growth rate for property investors in Wynyard has fallen somewhat when compared to the 5 year average annual rate.
At number 75th of TAS’s most discounted properties, Wynyard is in the middle of the state/territory when listing in order of most discounted to least.
On average over the past year, suburb has had 8.58 sales per month, which equates to 103 per year.
Renters in Suburb are facing rents around $3240 per annum or $270 every week.
Wynyard, 7325 ranked 16th in TAS when comparing growth in median property values or capital gain over the last 12 months. Wynyard is one of 606 in our list for TAS
When looking at the potential capital gains offered to property investors over the last 3 years, Wynyard comes in at number 12th in TAS.
The most recent median price for Wynyard is $245000, with sellers offering an average of -4.07% off the asking price.
On average over the past year, suburb has had 2.25 sales per month, which equates to 27 per year.
Wynyard is 44th on a list of best yielding suburbs for rents in TAS with a 5.09% return