Investment property in Wynyard has done poorly for investors when compared to the country as a whole over the last 12 months, with an increase in the median house price of -9.02%
Comparing Wynyard,7325 ‘s 5year and quarterly average capital gain offered to property investors, it performed better across the longer period
Vendor discounting in Wynyard is giving property investors an average Vendor Discount of around -7.72%. This puts suburb at number 45th in TAS when ranking the most discounted suburbs.
The TAS suburb of Wynyard, 7325 is in the Waratah/Wynyard local government area.
With a capital gain of 13.33% for the last 12 months, Wynyard, 7325 has performed for property investments than its average annual 6.66% property growth over the last 5 years.
Wynyard,7325 was ranked 493 in Australia by increase in median property value over the quarter.
Sellers are offering property buyers an average discount of -5.18% to buyers in Wynyard at the moment, which is less than average for the rest of TAS.
On average over the past year, suburb has had 2.25 sales per month, which equates to 27 per year.
A $230 per week rent on the median house gives suburb investors a gross yield of circa 4.69%, without taking into account capital value appreciation, which has been averaging out at 6.66%.