VIC has seen average median house prices change by 8.27% which means that Wallan, 3756 has done well for property investors by showing a capital gain of 5.57% over the last year
When looking at the potential capital gains offered to property investors over the last 3 years, Wallan comes in at number 550th in VIC.
Our latest figures would indicate that property sellers in Wallan are currently offering property investors an average price cut of -4.62% below the asking price at the moment.
Situated 43.99km from the CBD, Wallan is one of Mitchell localities in the postcode 3756.
Wallan has had a quite poor year for property investment returns compared to the rest of VIC, giving investors a capital gain of 1.28% to date .
The five-year average increase in median property values for Wallan,3756 has given property investors a potential capital gain of -1.77% across each of those five years.
When looking to buy, or assessing what properties are really achieving at sale, it's essential for property investors to take into account what discounts are being offered in Wallan, 3756. Typically our figures indicate that -4.33% is being offered, which puts this VIC suburb at 1002th most discounted overall in Australia.
Residents and property investors in Wallan have been waiting around 118.85 days to sell a property.
With the median price for a house in Wallan being $277000 and the advertised rent reaching $300 the gross rental yield for property investors calculates out to be 5.63%