VIC has seen average median house prices change by 8.23% which means that Wangaratta, 3677 has done well for property investors by showing a capital gain of 2.24% over the last year
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.
Our latest figures would indicate that property sellers in Wangaratta are currently offering property investors an average price cut of -6.15% below the asking price at the moment.
Wangaratta, 3677’s gross rental yield is 5.31%
With a capital gain of 6.33% for the last 12 months, Wangaratta, 3677 has performed for property investments than its average annual 1.96% property growth over the last 5 years.
When looking at the potential capital gains offered to property investors over the last 3 years, Wangaratta comes in at number 112th in VIC.
Our latest figures would indicate that property sellers in Wangaratta are currently offering property investors an average price cut of -5.32% below the asking price at the moment.
On average over the past year, suburb has had 4.67 sales per month, which equates to 56 per year.
Renters in Suburb are facing rents around $2640 per annum or $220 every week.