With a capital gain of 11.66% for the last 12 months, Wendouree, 3355 has performed for property investments than its average annual 5.50% property growth over the last 5 years.
Wendouree,3355 has offered an average of 11.66% return per annum in house price rises to property investors over the last three years.
Sellers are offering property buyers an average discount of -4.31% to buyers in Wendouree at the moment, which is less than average for the rest of VIC.
Often selling an investment property can take time, and in Wendouree the average time real estate has been on the market is 39.6526 days.
Wendouree, 3355’s gross rental yield is 4.82%
Property value increases in Wendouree have tracked higher than the VIC average of 0.68% over the last 12 months.
The five-year average increase in median property values for Wendouree,3355 has given property investors a potential capital gain of 12.36% across each of those five years.
Property investors looking for a bargain in Wendouree should be aiming for at least -2.97% off the asking price, which is the average vendor discount being achieved at the moment.
Wendouree is 160th on a list of best yielding suburbs for rents in VIC with a 4.26% return