With a capital gain of 7.62% for the last 12 months, West Wodonga, 3690 has performed for property investments than its average annual 2.80% property growth over the last 5 years.
When looking at the potential capital gains offered to property investors over the last 3 years, West Wodonga comes in at number 471th in VIC.
West Wodonga3690 is located in VIC which offers an average discount of -6.94% to property investors. West Wodonga itself is showing figures that indicate -4.43% is the average achievable by property buyers investing in the suburb.
Often selling an investment property can take time, and in West Wodonga the average time real estate has been on the market is 81.0629 days.
Renters in Suburb are facing rents around $18200 per annum or $350 every week.
Property investors who have had real estate in West Wodonga, 3690 should be pleased with this VIC suburb’s performance compared to the rest of the country. Over the last year it has seen median house prices increase in value by 7.14%
Data for the last quarter indicates that, in the short term at least, the capital value growth rate for property investors in West Wodonga has increased when compared to the 5 year average annual rate.
When looking to buy, or assessing what properties are really achieving at sale, it's essential for property investors to take into account what discounts are being offered in West Wodonga, 3690. Typically our figures indicate that -5.26% is being offered, which puts this VIC suburb at 769th most discounted overall in Australia.
With the median price for a house in West Wodonga being $225000 and the advertised rent reaching $250 the gross rental yield for property investors calculates out to be 5.78%