VIC has seen average median house prices change by 11.11% which means that Wonga Park, 3115 has done well for property investors by showing a capital gain of 11.83% over the last year
Comparing Wonga Park,3115 ‘s 5year and quarterly average capital gain offered to property investors, it performed less well across the longer period
Property buyers and investors in Wonga Park 3115 should be seeing an average reduction in asking price of around -7.85% . This means that Wonga Park is holding prices well when compared to other suburbs in VIC.
In the last year 28 properties changed hands in Wonga Park, which puts it as the 537th most active market in VIC when comparing the number of sales per suburb.
Advertised rents are around the $510 mark per week – giving a return of 2.63% based on the median price in Suburb