Wonga Park has had a pretty good year for property investment returns compared to the rest of VIC, giving investors a capital gain of 15.32% to date .
A 33.48% growth in median value for property investors in Wonga Park,3115 puts this suburb at number 510th in terms of best performing suburbs in VIC
Our latest figures would indicate that property sellers in Wonga Park are currently offering property investors an average price cut of -3.50% below the asking price at the moment.
At number 550 in a list of fastest selling suburbs, Wonga Park is in the TOP 20% of suburbs in Australia with an average of days on market 44.06 for properties listed there.
Advertised rents are around the $530 mark per week – giving a return of 3.03% based on the median price in Suburb