Giving property investors a a solid capital gain of 18.80% for the last year, Lake Wendouree, 3350 is the 580th highest performer in Australia in this respect.
While Lake Wendouree,3350 ranked number 606th in VIC for increase in median house value (annualised) increase, it is ranked 380th over the last 5 years.
With the median price for a house in Lake Wendouree being $790000 and the advertised rent reaching $340 the gross rental yield for property investors calculates out to be 2.24%
If you compare the increase in value of investment property in Lake Wendouree, 3350 to the rest of Australia, it performed very well. The median increase in value, or capital gain property investors experienced for this VIC suburb was 17.84%.
Lake Wendouree,3350 has offered an average of 17.84% return per annum in house price rises to property investors over the last three years.
Lake Wendouree, 3350’s gross rental yield is 4.37%