Wynyard has had a very poor year for property investment returns compared to the rest of TAS, giving investors a capital gain of -7.57% 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.
Vendor discounting in Wynyard is giving property investors an average Vendor Discount of around -6.74%. This puts suburb at number 80th in TAS when ranking the most discounted suburbs.
Property investors who have had real estate in Wynyard, 7325 should be ok with this TAS suburb’s performance compared to the rest of the country. Over the last year it has seen median house prices increase in value by 4.61%
If we look at median property appreciation over just the last three months, Wynyard has given property investors a paper return of -6.47%. This puts Suburb as 51 on a list of fastest fasting appreciating suburbs in TAS
Property buyers and investors in Wynyard 7325 should be seeing an average reduction in asking price of around -4.47% . This means that Wynyard is holding prices well when compared to other suburbs in TAS.
At number 680 in a list of fastest selling suburbs, Wynyard is just in the top half of suburbs in Australia with an average of days on market 74.56 for properties listed there.