Over the last year, property investments in Wyndham Vale, 3024 have given investors a capital gain of 7.50%. This compares averagely with the 7.80% for VIC as a whole.
Comparing Wyndham Vale,3024 ‘s 5year and quarterly average capital gain offered to property investors, it performed less well across the longer period
State is the 6th most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -6.04% offered to property buyers. Sellers in Wyndham Vale itself are offering an average vendor discount of -4.85% to real estate investors.
Often selling an investment property can take time, and in Wyndham Vale the average time real estate has been on the market is 51.71 days.
Situated 31.70km from the CBD, Wyndham Vale is one of Wyndham localities in the postcode 3024.
Property investors who have had real estate in Wyndham Vale, 3024 should be ok with this VIC suburb’s performance compared to the rest of the country. Over the last year it has seen median house prices increase in value by 4.02%
While Wyndham Vale,3024 ranked number 122th in VIC for increase in median house value (annualised) increase, it is ranked 228th over the last 5 years.
Property investors looking for a bargain in Wyndham Vale should be aiming for at least -5.25% off the asking price, which is the average vendor discount being achieved at the moment.
Wyndham Vale, 3024’s gross rental yield is 5.22%