Investment property in Wodonga has done pretty poorly for investors when compared to the country as a whole over the last 12 months, with an increase in the median house price of -4.35%
Comparing Wodonga,3690 ‘s 5year and quarterly average capital gain offered to property investors, it performed less well across the longer period
At number 534th of VIC’s most discounted properties, Wodonga is in the TOP 10% of the state/territory when listing in order of most discounted to least.
Using the current median advertised rental of $360 and the average annual increase in value of a median property of 3.46%, investors should hope to achieve an overall return of 5.67%
Wodonga has had a pretty average year for property investment returns compared to the rest of VIC, giving investors a capital gain of 1.12% to date .
A 11.94% growth in median value for property investors in Wodonga,3690 puts this suburb at number 37th in terms of best performing suburbs in VIC
LACK OF BUYER INTEREST may well be the reason that Wodonga is offering property investors an average of -6.33. This rate of discount on properties puts Suburb at number 145th in terms of most discounted suburbs in VIC
Advertised rents are around the $250 mark per week – giving a return of 5.78% based on the median price in Suburb