Giving property investors a an average capital gain of 0.93% for the last year, West Wodonga, 3690 is the 1949th highest performer in Australia in this respect.
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.
Sellers are offering property buyers an average discount of -4.14% to buyers in West Wodonga at the moment, which is less than average for the rest of VIC.
Residents and property investors in West Wodonga have been waiting around 73.0427 days to sell a property.
Situated 251.79km from the CBD, West Wodonga is one of Wodonga (C) localities in the postcode 3690.
At number 695th 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 0.00% recorded in median house prices.
Comparing West Wodonga,3690 ‘s 5year and quarterly average capital gain offered to property investors, it performed less well across the longer period
Our latest figures would indicate that property sellers in West Wodonga are currently offering property investors an average price cut of -5.18% below the asking price at the moment.
In the last year 41 properties changed hands in West Wodonga, which puts it as the 134th most active market in VIC when comparing the number of sales per suburb.
With the median price for a house in West Wodonga being $215000 and the advertised rent reaching $240 the gross rental yield for property investors calculates out to be 5.94%