If you compare the increase in value of investment property in Wangaratta, 3677 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 -2.17%.
When looking at the potential capital gains offered to property investors over the last 3 years, Wangaratta comes in at number 511th in VIC.
When looking to buy, or assessing what properties are really achieving at sale, it's essential for property investors to take into account what discounts are being offered in Wangaratta, 3677. Typically our figures indicate that -5.13% is being offered, which puts this VIC suburb at 2439th most discounted overall in Australia.
Advertised rents are around the $280 mark per week – giving a return of 5.39% based on the median price in Suburb
Wangaratta has had a quite poor year for property investment returns compared to the rest of VIC, giving investors a capital gain of 0.48% to date .
Wangaratta,3677 was ranked 862 in Australia by increase in median property value over the quarter.
At number 45th of VIC’s most discounted properties, Wangaratta is in the bottom 20% of the state/territory when listing in order of most discounted to least.
Often selling an investment property can take time, and in Wangaratta the average time real estate has been on the market is 83.46 days.
The VIC suburb of Wangaratta, 3677 is in the Wangaratta local government area.