Over the last year, property investments in Wongan Hills, 6603 have given investors a capital gain of -16.34%. This compares very badly with the -5.25% for WA as a whole.
While Wongan Hills,6603 ranked number 396th in WA for increase in median house value (annualised) increase, it is ranked 375th over the last 5 years.
LACK OF BUYER INTEREST may well be the reason that Wongan Hills is offering property investors an average of -8.22. This rate of discount on properties puts Suburb at number 28th in terms of most discounted suburbs in WA
Often selling an investment property can take time, and in Wongan Hills the average time real estate has been on the market is 152.4 days.