The suburb’s capital gain of 0% for the past year is higher than average compared to its -8.44% growth within a five-year period.
Also in WULAGI, the median home price is sitting at $510,000, and the average rent at $500, this suggests property owners could potentially earn a 5.1% increase in gross rental yield.
Property investors have seen a 2.2% 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 3.24% growth over a ten-year period. It ranks 2381st on our list of suburbs that property investors should look into.
|KEY PROPERTY DATA REPORT||HOUSE||UNIT|
|Median 12 month||0%||N/A|
|Median 3 years||-11.3%||N/A|
|Median 5 years||-8.44%||N/A|
|10 years average annual||3.24%||N/A|
|Weekly media advert. rent||$500||N/A|
|Time on Market||78.8 days||N/A|
|Gross Rental Yield Percent||5.1%||N/A|