Giving property investors a an unimpressive capital gain of -1.89% for the last year, Wangaratta, 3677 is the 3290th highest performer in Australia in this respect.
Comparing Wangaratta,3677 ‘s 5year and quarterly average capital gain offered to property investors, it performed less well across the longer period
Wangaratta, 3677 is offering VIC ‘s 416th most discounted properties when looking at the average discount being offered by vendors. This puts it in the bottom 40% of discounts offered by this VIC.
On average over the past year, suburb has had 28.42 sales per month, which equates to 341 per year.
If you compare the increase in value of investment property in Wangaratta, 3677 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 5.26%.
Data for the last quarter indicates that, in the short term at least, the capital value growth rate for property investors in Wangaratta has increased when compared to the 5 year average annual rate.
LACK OF BUYER INTEREST may well be the reason that Wangaratta is offering property investors an average of -4.87. This rate of discount on properties puts Suburb at number 90th in terms of most discounted suburbs in VIC