Property investors who have had real estate in Wonthaggi, 3995 should be relatively pleased 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 12.00%
If we look at median property appreciation over just the last three months, Wonthaggi has given property investors a paper return of 0.00%. This puts Suburb as 542 on a list of fastest fasting appreciating suburbs in VIC
Property buyers and investors in Wonthaggi 3995 should be seeing an average reduction in asking price of around -4.31% . This means that Wonthaggi is holding prices well when compared to other suburbs in VIC.
Property investors should expect to get $270 weekly from the median priced house in this suburb.
Wonthaggi is an average performer in VIC when comparing median price capital growth over the last year. Wonthaggi gave property investors a average capital gain figure when compared to the rest of the state, with 2.23%.
Taking the average capital gain, or increase in median house value, Wonthaggi,3995 has racked up an average of 2.23% over the period. This ranks it number 1297th in the whole country for real estate investors looking at median house price increases.
Property investors looking for a bargain in Wonthaggi should be aiming for at least -5.53% off the asking price, which is the average vendor discount being achieved at the moment.
In the last year 42 properties changed hands in Wonthaggi, which puts it as the 207th most active market in VIC when comparing the number of sales per suburb.
Wonthaggi, 3995’s gross rental yield is 5.63%