If you compare the increase in value of investment property in West Wodonga, 3690 to the rest of Australia, it performed somewhat poorly. The median increase in value, or capital gain property investors experienced for this VIC suburb was 7.75%.
While West Wodonga,3690 ranked number 461th in VIC for increase in median house value (annualised) increase, it is ranked 612th over the last 5 years.
At number 447th of VIC’s most discounted properties, West Wodonga is in the TOP 20% of the state/territory when listing in order of most discounted to least.
On average over the past year, suburb has had 22.58 sales per month, which equates to 271 per year.
Using the current median advertised rental of $380 and the average annual increase in value of a median property of 3.27%, investors should hope to achieve an overall return of 5.07%
West Wodonga has had a pretty average year for property investment returns compared to the rest of VIC, giving investors a capital gain of 7.89% to date .
West Wodonga,3690 has offered an average of 7.89% return per annum in house price rises to property investors over the last three years.
Vendor discounting in West Wodonga is giving property investors an average Vendor Discount of around -2.52%. This puts suburb at number 199th in VIC when ranking the most discounted suburbs.
The VIC suburb of West Wodonga, 3690 is in the Wodonga (C) local government area.