VIC has seen average median house prices change by 10.47% which means that West Wodonga, 3690 has done well for property investors by showing a capital gain of 3.33% over the last year
When looking at the potential capital gains offered to property investors over the last 3 years, West Wodonga comes in at number 604th in VIC.
Our latest figures would indicate that property sellers in West Wodonga are currently offering property investors an average price cut of -4.09% below the asking price at the moment.
Often selling an investment property can take time, and in West Wodonga the average time real estate has been on the market is 76.58 days.
With the median price for a house in West Wodonga being $325500 and the advertised rent reaching $330 the gross rental yield for property investors calculates out to be 5.27%
At number 828th in the list of Australian suburbs ordered by increase in median house value over the last year, West Wodonga, 3690 is in the top half with a property value increase of 3.90% recorded in median house prices.
West Wodonga,3690 has offered an average of 3.90% return per annum in house price rises to property investors over the last three years.
Property investors looking for a bargain in West Wodonga should be aiming for at least -4.42% off the asking price, which is the average vendor discount being achieved at the moment.
Residents and property investors in West Wodonga have been waiting around 73.26 days to sell a property.