If you compare the increase in value of investment property in Wauchope, 2446 to the rest of Australia, it performed quite well. The median increase in value, or capital gain property investors experienced for this NSW suburb was 13.70%.
Taking the average capital gain, or increase in median house value, Wauchope,2446 has racked up an average of 13.70% over the period. This ranks it number 1257th in the whole country for real estate investors looking at median house price increases.
Sellers are offering property buyers an average discount of -3.11% to buyers in Wauchope at the moment, which is less than average for the rest of NSW.
A $377.5 per week rent on the median house gives suburb investors a gross yield of circa 4.73%, without taking into account capital value appreciation, which has been averaging out at 4.62%.
Giving property investors a a solid capital gain of 15.37% for the last year, Wauchope, 2446 is the 283th highest performer in Australia in this respect.
The five-year average increase in median property values for Wauchope,2446 has given property investors a potential capital gain of 24.42% across each of those five years.
Using the current median advertised rental of $345 and the average annual increase in value of a median property of 6.19%, investors should hope to achieve an overall return of 5.14%