Wulagi is an average performer in NT when comparing median price capital growth over the last year. Wulagi gave property investors a average capital gain figure when compared to the rest of the state, with -3.81%.
Wulagi,0812 has offered an average of -3.81% return per annum in house price rises to property investors over the last three years.
Property buyers and investors in Wulagi 0812 should be seeing an average reduction in asking price of around -7.03% . This means that Wulagi is holding prices well when compared to other suburbs in NT.
Sales in Wulagi have been increasing in the housing market, as values slip to a median of under $550,000.Full summary
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Less than 20 minutes north of Darwin past the airport, the suburb of Wulagi is struggling to maintain demand in a market that is falling and will continue to fall for a while.
Sales have been increasing in the housing market as values slip to a median of under $550,000. With rental returns coming in at over 5%, a chunk of the buyers could be investors looking to take advantage of the suburb’s appealing qualities.
The suburb has a shopping centre and an oval, and it is well known for its large blocks of land and greenery. Aside from being close to the Darwin airport, it is also near Casuarina Beach.