Property investors who have had real estate in Wyndham Vale, 3024 should be relatively pleased 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 13.54%
The five-year average increase in median property values for Wyndham Vale,3024 has given property investors a potential capital gain of 33.87% across each of those five years.
Wyndham Vale, 3024 is offering VIC ‘s 370th most discounted properties when looking at the average discount being offered by vendors. This puts it in the middle of discounts offered by this VIC.
Using the current median advertised rental of $330 and the average annual increase in value of a median property of 6.76%, investors should hope to achieve an overall return of 4.13%
If you compare the increase in value of investment property in Wyndham Vale, 3024 to the rest of Australia, it performed somewhat poorly. The median increase in value, or capital gain property investors experienced for this VIC suburb was -0.83%.
A -11.85% growth in median value for property investors in Wyndham Vale,3024 puts this suburb at number 361th in terms of best performing suburbs in VIC
LACK OF BUYER INTEREST may well be the reason that Wyndham Vale is offering property investors an average of -4.68. This rate of discount on properties puts Suburb at number 141th in terms of most discounted suburbs in VIC
Often selling an investment property can take time, and in Wyndham Vale the average time real estate has been on the market is 68.46 days.
Advertised rents are around the $310 mark per week – giving a return of 6.77% based on the median price in Suburb