Over the last year, property investments in West Wodonga, 3690 have given investors a capital gain of 7.70%. This compares very favourably with the -1.69% for VIC as a whole.
West Wodonga,3690 was ranked 457 in Australia by increase in median property value over the quarter.
State is the 6th most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -6.82% offered to property buyers. Sellers in West Wodonga itself are offering an average vendor discount of -4.38% to real estate investors.
The VIC suburb of West Wodonga, 3690 is in the Wodonga (C) local government area.
At number 459th in the list of Australian suburbs ordered by increase in median house value over the last year, West Wodonga, 3690 is in the top 40% with a property value increase of 2.38% recorded in median house prices.
If we look at median property appreciation over just the last three months, West Wodonga has given property investors a paper return of 0.00%. This puts Suburb as 150 on a list of fastest fasting appreciating suburbs in VIC
Our latest figures would indicate that property sellers in West Wodonga are currently offering property investors an average price cut of -5.40% below the asking price at the moment.
With the median price for a house in West Wodonga being $215000 and the advertised rent reaching $250 the gross rental yield for property investors calculates out to be 6.05%