Investment property in Wagin has done poorly for investors when compared to the country as a whole over the last 12 months, with an increase in the median house price of -13.50%
Data for the last quarter indicates that, in the short term at least, the capital value growth rate for property investors in Wagin has increased when compared to the 5 year average annual rate.
LACK OF BUYER INTEREST may well be the reason that Wagin is offering property investors an average of -8.04. This rate of discount on properties puts Suburb at number 87th in terms of most discounted suburbs in WA
Using the current median advertised rental of $270 and the average annual increase in value of a median property of 8.23%, investors should hope to achieve an overall return of 8.12%