The suburb’s capital gain of -4.95% for the past year is lower than average compared to its -9.27% growth within a five-year period.
Also in WULAGI, the median home price is sitting at $499,000, and the average rent at $500, this suggests property owners could potentially earn a 5.21% increase in gross rental yield.
Property investors have seen a 1.42% gain in WULAGI 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 2.93% growth over a ten-year period. It ranks 2674th on our list of suburbs that property investors should look into.
|KEY PROPERTY DATA REPORT||HOUSE||UNIT|
|Median 12 month||-4.95%||N/A|
|Median 3 years||-13.22%||N/A|
|Median 5 years||-9.27%||N/A|
|10 years average annual||2.93%||N/A|
|Weekly media advert. rent||$500||N/A|
|Time on Market||100.7 days||N/A|
|Gross Rental Yield Percent||5.21%||N/A|