If you compare the increase in value of investment property in Wendouree, 3355 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 -0.41%.
Taking the average capital gain, or increase in median house value, Wendouree,3355 has racked up an average of -0.41% over the period. This ranks it number 3223th in the whole country for real estate investors looking at median house price increases.
Property investors looking for a bargain in Wendouree should be aiming for at least -5.79% off the asking price, which is the average vendor discount being achieved at the moment.
Renters in Suburb are facing rents around $3120 per annum or $260 every week.
Giving property investors a a solid capital gain of 13.64% for the last year, Wendouree, 3355 is the 227th highest performer in Australia in this respect.
LACK OF BUYER INTEREST may well be the reason that Wendouree is offering property investors an average of -5.12. This rate of discount on properties puts Suburb at number 200th in terms of most discounted suburbs in VIC
On average over the past year, suburb has had 2.58 sales per month, which equates to 31 per year.
Wendouree is 172th on a list of best yielding suburbs for rents in VIC with a 4.27% return