VIC has seen average median house prices change by 12.04% which means that Wonthaggi, 3995 has done well for property investors by showing a capital gain of 9.57% over the last year
Over the longer term, Wonthaggi has seen property prices show investors a 15.14% return over the last 3 years. This is worse than over the last 12 months
Our latest figures would indicate that property sellers in Wonthaggi are currently offering property investors an average price cut of -3.99% below the asking price at the moment.
Situated 104.09km from the CBD, Wonthaggi is one of Bass Coast localities in the postcode 3995.
Property value increases in Wonthaggi have tracked close to the VIC average of 7.53% over the last 12 months.
Data for the last quarter indicates that, in the short term at least, the capital value growth rate for property investors in Wonthaggi has fallen somewhat when compared to the 5 year average annual rate.
LACK OF BUYER INTEREST may well be the reason that Wonthaggi is offering property investors an average of -4.57. This rate of discount on properties puts Suburb at number 162th in terms of most discounted suburbs in VIC
In the last year 43 properties changed hands in Wonthaggi, which puts it as the 205th most active market in VIC when comparing the number of sales per suburb.