Property investors who have had real estate in Wallan, 3756 should be ok with this VIC suburb’s performance compared to the rest of the country. Over the last year it has seen median house prices increase in value by 5.36%
Wallan,3756 has offered an average of 5.36% return per annum in house price rises to property investors over the last three years.
The most recent median price for Wallan is $363500, with sellers offering an average of -4.81% off the asking price.
A $340 per week rent on the median house gives suburb investors a gross yield of circa 4.86%, without taking into account capital value appreciation, which has been averaging out at 3.75%.
Property value increases in Wallan have tracked close to the VIC average of 3.11% over the last 12 months.
A -2.37% growth in median value for property investors in Wallan,3756 puts this suburb at number 193th in terms of best performing suburbs in VIC
Sellers are offering property buyers an average discount of -3.56% to buyers in Wallan at the moment, which is less than average for the rest of VIC.
On average over the past year, suburb has had 2.50 sales per month, which equates to 30 per year.