With a capital gain of -8.03% for the last 12 months, Winmalee, 2777 has performed for property investments than its average annual 6.40% property growth over the last 5 years.
The five-year average increase in median property values for Winmalee,2777 has given property investors a potential capital gain of 38.46% across each of those five years.
Property investors looking for a bargain in Winmalee should be aiming for at least -7.24% off the asking price, which is the average vendor discount being achieved at the moment.
At number 1793 in a list of fastest selling suburbs, Winmalee is just in the top half of suburbs in Australia with an average of days on market 75.1467 for properties listed there.
Winmalee, 2777’s gross rental yield is 3.96%