Based on its average 5-year and quarterly capital gains WANTIRNA SOUTH, 3152 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 WANTIRNA SOUTH, 3152 obtained a 9% growth over a ten-year period. It ranks 233rd on our list of suburbs that property investors should look into.
WANTIRNA SOUTH, 3152 in VIC belongs to the local government area of Knox.
WANTIRNA SOUTH, 3152 has a capital gain of 15.47% for the past year, which is lower than average compared to its 88.32% growth within a five-year period.
With the median home price in WANTIRNA SOUTH sitting at $1,000,000, and the average rent at $460, property owners could potentially earn a 2.39% increase in gross rental yield.
Figures from the previous quarter show that capital gains for real estate buyers in WANTIRNA SOUTH are low, as opposed to average gains per annum over the past five years.
A steady increase in median property prices over a five-year period in WANTIRNA SOUTH, 3152 translates to a 0.42% capital gain.
WANTIRNA SOUTH, 3152 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 $482,000.
Profits due to an upward trend in home prices in WANTIRNA SOUTH, 3152 averaged 0.14% per annum over a 3-year period.
Home owners selling their properties and realtors in WANTIRNA SOUTH usually have to wait an average of 70.3 days days before their assets are lifted off the market.
Average weekly rents on listings have reached the $400 mark, reflecting a 4.32% increase in returns based on the current median price in WANTIRNA SOUTH.
WANTIRNA SOUTH, 3152 places 30th in Australia based on median property value growth during the quarter.