Property investors who have had real estate in North Wonthaggi, 3995 should be unhappy with this VIC suburb’s performance compared to the rest of the country. Over the last year it has seen median house prices decrease in value by -5.91%
The five-year average increase in median property values for North Wonthaggi,3995 has given property investors a potential capital gain of -11.62% across each of those five years.
State is the 6th most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -6.04% offered to property buyers. Sellers in North Wonthaggi itself are offering an average vendor discount of -4.94% to real estate investors.
In the last year 78 properties changed hands in North Wonthaggi, which puts it as the 319th most active market in VIC when comparing the number of sales per suburb.
Property investors should expect to get $265 weekly from the median priced house in this suburb.