Wamboin

A steady increase in median property prices over a five-year period in the suburb translates to a 12.2% capital gain.

Property investors in WAMBOIN enjoyed capital gains of 6.88% over the last 12 months translating to lower returns compared with its peers in the territory.

The suburb also delivered a stronger performance in contrast to other Australian suburbs in terms of appreciation of property value. Investors saw the median home price rise to $1,747,500.

Profits due to an upward trend in home prices there averaged 4.07% per annum over a 3-year period.

Home owners selling their properties and realtors in WAMBOIN usually have to wait an average of N/A days before their assets are lifted off the market.

Average weekly rents on listings have reached the $790 mark, reflecting a 2.35% increase in returns based on the current median price in WAMBOIN.

WAMBOIN, 2620 places th in Australia based on median property value growth during the quarter.