Wattle Glen has had a A very good year for property investment returns compared to the rest of VIC, giving investors a capital gain of 33.88% to date .
Data for the last quarter indicates that, in the short term at least, the capital value growth rate for property investors in Wattle Glen has increased when compared to the 5 year average annual rate.
Vendor discounting in Wattle Glen is giving property investors an average Vendor Discount of around -5.86%. This puts suburb at number 325th in VIC when ranking the most discounted suburbs.
Residents and property investors in Wattle Glen have been waiting around 48.14 days to sell a property.
A $635 per week rent on the median house gives suburb investors a gross yield of circa 4.08%, without taking into account capital value appreciation, which has been averaging out at 6.44%.