Investment property in Wandina has done pretty 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 1.85%
Vendor discounting in Wandina is giving property investors an average Vendor Discount of around -9.90%. This puts suburb at number 70th in WA when ranking the most discounted suburbs.
At number 3275 in a list of fastest selling suburbs, Wandina is in the bottom 20% of suburbs in Australia with an average of days on market 122.86 for properties listed there.
Using the current median advertised rental of $350 and the average annual increase in value of a median property of 1.85%, investors should hope to achieve an overall return of 4.41%