If you compare the increase in value of investment property in Wyndham Vale, 3024 to the rest of Australia, it performed quite well. The median increase in value, or capital gain property investors experienced for this VIC suburb was 10.00%.
Wyndham Vale,3024 was ranked 1552 in Australia by increase in median property value over the quarter.
State is the 6th most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -5.91% offered to property buyers. Sellers in Wyndham Vale itself are offering an average vendor discount of -4.52% to real estate investors.
Property investors should expect to get $330 weekly from the median priced house in this suburb.
Wyndham Vale is in the TOP 30% in VIC when comparing median price capital growth over the last year. Wyndham Vale gave property investors a good capital gain figure when compared to the rest of the state, with 8.24%.
When looking at the potential capital gains offered to property investors over the last 3 years, Wyndham Vale comes in at number 147th in VIC.
State is the 6th most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -5.13% offered to property buyers. Sellers in Wyndham Vale itself are offering an average vendor discount of -4.95% to real estate investors.
At number 960 in a list of fastest selling suburbs, Wyndham Vale is in the bottom 40% of suburbs in Australia with an average of days on market 88.84 for properties listed there.
A $300 per week rent on the median house gives suburb investors a gross yield of circa 5.34%, without taking into account capital value appreciation, which has been averaging out at 3.31%.