WYNYARD ranks 136th in TAS when it comes to estimated capital gains experienced by property investors over the past three years.
The suburb’s capital gain of 18.91% for the past year is higher than average compared to its 12.55% growth within a five-year period.
Also in WYNYARD, the median home price is sitting at $273,500, and the average rent at $280, this suggests property owners could potentially earn a 5.32% increase in gross rental yield.
Property investors have seen a 7.25% gain in WYNYARD based on an increase in median home prices for the past three months.
They believe that homeowners and real estate investors betting on WYNYARD, 7325 can rest assured about this TAS suburb's performance. The suburb saw median home prices rise by 18.91%.
A survey of average capital gains or median home price increase in suburbs across the country shows that this suburb obtained a 2.83% growth over a ten-year period. It ranks 2605th on our list of suburbs that property investors should look into.
A -12.21% increase in median property prices in WYNYARD, 7325 has allowed this suburb to join the ranks of best performing suburbs in TAS, settling at number 54th.
WYNYARD, 7325 delivered a weaker performance in contrast to other Australian suburbs in terms of appreciation of property value. Investors saw the median home price rise to $230,000.
Augmented property values in WYNYARD are trailing behind the TAS average of 8.24% for the past year.
Real estate investors could earn a rental income of $255 based on current median home prices for the suburb.
Home owners selling their properties and realtors in WYNYARD usually have to wait an average of 79.8 days days before their assets are lifted off the market.
WYNYARD ranks 18th on the list of best yielding suburbs for rental properties in TAS, posting a 5.77% return.
WYNYARD, 7325 places 48th in Australia based on median property value growth during the quarter.