Giving property investors a an unimpressive capital gain of -1.23% for the last year, Wonthaggi, 3995 is the 2980th highest performer in Australia in this respect.
While Wonthaggi,3995 ranked number 424th in VIC for increase in median house value (annualised) increase, it is ranked 591th over the last 5 years.
Vendor discounting in Wonthaggi is giving property investors an average Vendor Discount of around -5.71%. This puts suburb at number 298th in VIC when ranking the most discounted suburbs.
A $255 per week rent on the median house gives suburb investors a gross yield of circa 5.07%, without taking into account capital value appreciation, which has been averaging out at 3.03%.
Wonthaggi, 3995 ranked 41th in VIC when comparing growth in median property values or capital gain over the last 12 months. Wonthaggi is one of 2098 in our list for VIC
Wonthaggi,3995 was ranked 834 in Australia by increase in median property value over the quarter.
Our latest figures would indicate that property sellers in Wonthaggi are currently offering property investors an average price cut of -5.72% below the asking price at the moment.
Wonthaggi is 39th on a list of best yielding suburbs for rents in VIC with a 5.49% return