With a capital gain of 2.09% for the last 12 months, West Wodonga, 3690 has performed for property investments than its average annual 2.52% property growth over the last 5 years.
Across a shorter period, West Wodonga, 3690 has seen a median price increase of 1.54% over the last quarter.
Our latest figures would indicate that property sellers in West Wodonga are currently offering property investors an average price cut of -4.28% 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 75.0792 days.
A $345 per week rent on the median house gives suburb investors a gross yield of circa 5.44%, without taking into account capital value appreciation, which has been averaging out at 2.52%.
Property investors who have had real estate in West Wodonga, 3690 should be ok with this VIC suburb’s performance compared to the rest of the country. Over the last year it has seen median house prices decrease in value by -2.33%
A 10.53% growth in median value for property investors in West Wodonga,3690 puts this suburb at number 143th in terms of best performing suburbs in VIC
Sellers are offering property buyers an average discount of -5.60% to buyers in West Wodonga at the moment, which is less than average for the rest of VIC.
Property investors should expect to get $250 weekly from the median priced house in this suburb.