Giving property investors a a poor capital gain of -8.56% for the last year, Wynyard, 7325 is the 3753th highest performer in Australia in this respect.
Taking the average capital gain, or increase in median house value, Wynyard,7325 has racked up an average of -8.56% over the period. This ranks it number 3751th in the whole country for real estate investors looking at median house price increases.
Our latest figures would indicate that property sellers in Wynyard are currently offering property investors an average price cut of -6.73% below the asking price at the moment.
On average over the past year, suburb has had 8.33 sales per month, which equates to 100 per year.
Advertised rents are around the $270 mark per week – giving a return of 5.97% based on the median price in Suburb
Property value increases in Wynyard have tracked close to the TAS average of 0.89% over the last 12 months.
Across a shorter period, Wynyard, 7325 has seen a median price increase of -6.47% over the last quarter.
Wynyard7325 is located in TAS which offers an average discount of -5.48% to property investors. Wynyard itself is showing figures that indicate -4.28% is the average achievable by property buyers investing in the suburb.
A $240 per week rent on the median house gives suburb investors a gross yield of circa 5.23%, without taking into account capital value appreciation, which has been averaging out at 4.28%.