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Property investors have seen a 0.75% gain in WANDIN NORTH based on an increase in median home prices for the past three months.
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 stronger performance in contrast to other Australian suburbs in terms of appreciation of property value.Investors saw the median home price rise to $667,500
Profits averaged 13.02% 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 $405 based on current median home prices for the suburb.
The gross rental yield in WANDIN NORTH, 3139 is 3.16%.
An average of 3.33 real estate transactions take place per month in WANDIN NORTH which translates to 40 per annum.
| KEY PROPERTY DATA REPORT | HOUSE | UNIT |
|---|---|---|
| Median Price | $667,500 | N/A |
| GROWTH REPORT | ||
| Median Quarterly | 0.75% | N/A |
| Median 12 month | -0.37% | N/A |
| Median 3 years | 39.06% | N/A |
| Median 5 years | 64.31% | N/A |
| 10 years average annual | 9.03% | N/A |
| Weekly media advert. rent | $405 | N/A |
| Time on Market | 26.4 days | N/A |
| Gross Rental Yield Percent | 3.16% | N/A |
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