If you compare the increase in value of investment property in Wodonga, 3690 to the rest of Australia, it performed quite well. The median increase in value, or capital gain property investors experienced for this VIC suburb was 8.07%.
When looking at the potential capital gains offered to property investors over the last 3 years, Wodonga comes in at number 512th in VIC.
Sellers are offering property buyers an average discount of -4.38% to buyers in Wodonga at the moment, which is less than average for the rest of VIC.
At number 865th in the list of Australian suburbs ordered by increase in median house value over the last year, Wodonga, 3690 is in the top half with a property value increase of 2.56% recorded in median house prices.
Taking the average capital gain, or increase in median house value, Wodonga,3690 has racked up an average of 2.56% over the period. This ranks it number 1052th in the whole country for real estate investors looking at median house price increases.
Property buyers and investors in Wodonga 3690 should be seeing an average reduction in asking price of around -5.69% . This means that Wodonga is holding prices well when compared to other suburbs in VIC.
Using the current median advertised rental of $225 and the average annual increase in value of a median property of 1.84%, investors should hope to achieve an overall return of 5.85%