West Wodonga is in the bottom 30% in VIC when comparing median price capital growth over the last year. West Wodonga gave property investors a disappointing capital gain figure when compared to the rest of the state, with 2.15%.
When looking at the potential capital gains offered to property investors over the last 3 years, West Wodonga comes in at number 403th in VIC.
The most recent median price for West Wodonga is $309000, with sellers offering an average of -4.32% off the asking price.
A $320 per week rent on the median house gives suburb investors a gross yield of circa 5.39%, without taking into account capital value appreciation, which has been averaging out at 1.63%.
Property value increases in West Wodonga have tracked just higher than the VIC average of 3.56% over the last 12 months.
When looking at the potential capital gains offered to property investors over the last 3 years, West Wodonga comes in at number 220th in VIC.
State is the 6th most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -5.33% offered to property buyers. Sellers in West Wodonga itself are offering an average vendor discount of -5.64% to real estate investors.
The VIC suburb of West Wodonga, 3690 is in the Wodonga local government area.