With a capital gain of 0.76% for the last 12 months, Lake Wendouree, 3350 has performed for property investments than its average annual 8.42% property growth over the last 5 years.
The five-year average increase in median property values for Lake Wendouree,3350 has given property investors a potential capital gain of 5.56% across each of those five years.
Sellers are offering property buyers an average discount of -7.04% to buyers in Lake Wendouree at the moment, which is less than average for the rest of VIC.
Residents and property investors in Lake Wendouree have been waiting around 77.07 days to sell a property.
A $332.5 per week rent on the median house gives suburb investors a gross yield of circa 2.60%, without taking into account capital value appreciation, which has been averaging out at 8.42%.
Giving property investors a a stable capital gain of 7.05% for the last year, Lake Wendouree, 3350 is the 557th highest performer in Australia in this respect.
When looking at the potential capital gains offered to property investors over the last 3 years, Lake Wendouree comes in at number 264th in VIC.
A $290 per week rent on the median house gives suburb investors a gross yield of circa 4.62%, without taking into account capital value appreciation, which has been averaging out at 3.41%.