Based on its average 5-year and quarterly capital gains WONGA PARK, 3115 saw average growth in the long term.
A survey of average capital gains or median home price increase in suburbs across the country shows that WONGA PARK, 3115 obtained a 4.94% growth over a ten-year period. It ranks 1525th on our list of suburbs that property investors should look into.
WONGA PARK, 3115 in VIC belongs to the local government area of Manningham.
WONGA PARK, 3115 has a capital gain of 21.12% for the past year, which is higher than average compared to its 59.13% growth within a five-year period.
With the median home price in WONGA PARK sitting at $1,006,500, and the average rent at $510, property owners could potentially earn a 2.63% increase in gross rental yield.
Figures from the previous quarter show that capital gains for real estate buyers in WONGA PARK are low, as opposed to average gains per annum over the past five years.
A 21.12% increase in median property prices in WONGA PARK, 3115 has allowed this suburb to join the ranks of best performing suburbs in VIC, settling at number 100th.