If you compare the increase in value of investment property in Wandana Heights, 3216 to the rest of Australia, it performed around average. The median increase in value, or capital gain property investors experienced for this VIC suburb was 5.56%.
Wandana Heights,3216 was ranked 2406 in Australia by increase in median property value over the quarter.
LACK OF BUYER INTEREST may well be the reason that Wandana Heights is offering property investors an average of -5.91. This rate of discount on properties puts Suburb at number 277th in terms of most discounted suburbs in VIC
With the median price for a house in Wandana Heights being $617500 and the advertised rent reaching $550 the gross rental yield for property investors calculates out to be 4.63%