The suburb’s capital gain of 5.88% for the past year is higher than average compared to its 5.88% growth within a five-year period.
Also in WEST WYALONG, the median home price is sitting at $180,000, and the average rent at $240, this suggests property owners could potentially earn a 6.93% increase in gross rental yield.
Property investors have seen a 0% gain in WEST WYALONG based on an increase in median home prices for the past three months.
A survey of average capital gains or median home price increase in suburbs across the country shows that this suburb obtained a 2.68% growth over a ten-year period. It ranks 2809th on our list of suburbs that property investors should look into.
|KEY PROPERTY DATA REPORT||HOUSE||UNIT|
|Median 12 month||5.88%||N/A|
|Median 3 years||-2.7%||N/A|
|Median 5 years||5.88%||N/A|
|10 years average annual||2.68%||N/A|
|Weekly media advert. rent||$240||N/A|
|Time on Market||98.0 days||N/A|
|Gross Rental Yield Percent||6.93%||N/A|