VIC/
Wandin north

Suburb Profile

Wandin North - FREE SUBURB PROFILE REPORT
POSTAL CODE: VIC,3139

house

Property investors have seen a 2.92% gain in WANDIN NORTH based on an increase in median home prices for the past three months.

Homeowners and real estate investors betting on WANDIN NORTH, 3139 can rest assured about this VIC suburb's performance. The suburb saw median home prices rise by 26.02%.

Based on its average 5-year and quarterly capital gains WANDIN NORTH, 3139 saw average growth in the long term.

The VIC suburb also 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 $617,500

Profits averaged 14.4% per annum over a 3-year period, due to an upward trend in home prices in WANDIN NORTH, 3139.

This means, real estate investors could earn a rental income of $387.5 based on current median home prices for the suburb.

The gross rental yield in WANDIN NORTH, 3139 is 3.26%.

An average of 2.83 real estate transactions take place per month in WANDIN NORTH which translates to 34 per annum.

KEY PROPERTY DATA REPORT HOUSE UNIT
Median Price $617,500 N/A
GROWTH REPORT
Median Quarterly 2.92% N/A
Median 12 month 26.02% N/A
Median 3 years 43.19% N/A
Median 5 years 62.5% N/A
10 years average annual 9.21% N/A
Weekly media advert. rent $387.5 N/A
Time on Market 20.5 days N/A
Gross Rental Yield Percent 3.26% N/A
demographics (median values)
Total Population
1662
Weekly Household Income
1076
Household Size
2.90
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