Wangaratta is in the bottom 20% in VIC when comparing median price capital growth over the last year. Wangaratta gave property investors a dismal capital gain figure when compared to the rest of the state, with -1.09%.
Over the longer term, Wangaratta has seen property prices show investors a 13.10% return over the last 3 years. This is worse than over the last 12 months
Wangaratta, 3677 is offering VIC ‘s 320th most discounted properties when looking at the average discount being offered by vendors. This puts it in the middle of discounts offered by this VIC.
At number 1804 in a list of fastest selling suburbs, Wangaratta is just in the top half of suburbs in Australia with an average of days on market 79.66 for properties listed there.
At number 1136th in the list of Australian suburbs ordered by increase in median house value over the last year, Wangaratta, 3677 is in the BOTTOM 40% with a property value increase of -0.48% recorded in median house prices.
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.
Sellers are offering property buyers an average discount of -7.29% to buyers in Wangaratta at the moment, which is less than average for the rest of VIC.
Wangaratta, 3677’s gross rental yield is 5.47%