At number 3000th in the list of Australian suburbs ordered by increase in median house value over the last year, Wangaratta, 3677 is in the BOTTOM 30% with a property value increase of -1.37% recorded in median house prices.
Comparing Wangaratta,3677 ‘s 5year and quarterly average capital gain offered to property investors, it performed less well across the longer period
The most recent median price for Wangaratta is $270000, with sellers offering an average of -5.73% off the asking price.
Advertised rents are around the $277.5 mark per week – giving a return of 5.34% based on the median price in Suburb
Wangaratta, 3677 ranked 133th in VIC when comparing growth in median property values or capital gain over the last 12 months. Wangaratta is one of 2098 in our list for VIC
If we look at median property appreciation over just the last three months, Wangaratta has given property investors a paper return of -1.87%. This puts Suburb as 275 on a list of fastest fasting appreciating suburbs in VIC
Sellers are offering property buyers an average discount of -6.23% to buyers in Wangaratta at the moment, which is less than average for the rest of VIC.
With the median price for a house in Wangaratta being $210000 and the advertised rent reaching $215 the gross rental yield for property investors calculates out to be 5.32%