Wangaratta, 3677 ranked 612th 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
Over the longer term, Wangaratta has seen property prices show investors a 10.77% return over the last 3 years. This is worse than over the last 12 months
Property buyers and investors in Wangaratta 3677 should be seeing an average reduction in asking price of around -4.38% . This means that Wangaratta is holding prices well when compared to other suburbs in VIC.
Advertised rents are around the $280 mark per week – giving a return of 5.34% based on the median price in Suburb
With a capital gain of 4.76% for the last 12 months, Wangaratta, 3677 has performed for property investments than its average annual 1.89% property growth over the last 5 years.
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 -5.28% below the asking price at the moment.
Wangaratta is 59th on a list of best yielding suburbs for rents in VIC with a 5.20% return