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Wandana Heights

Suburb Profile

Wandana Heights - FREE SUBURB PROFILE REPORT
POSTAL CODE: VIC,3216

house

Property investments in WANDANA HEIGHTS fare well against the rest of the country last year, registering a median home price increase of 17.69%.

Figures from the previous quarter show that capital gains for real estate buyers in the territory are high, as opposed to average gains per annum over the past five years.

Based on its average 5-year and quarterly capital gains WANDANA HEIGHTS, 3216 saw average growth in the long term.

Real estate investors could earn a rental income of $550 based on current median home prices for the suburb.

It is expected, nonetheless, for properties to spend some time on the market prior to a successful sale. homes and units usually stay on listing for an average of 82.8 days.

Besides that, the Australian suburb also delivered a stronger performance in contrast to other Australian suburbs in terms of appreciation of property value.

Property investors perceived the median home price rise to $825,000.

WANDANA HEIGHTS ranks 306th on the list of best yielding suburbs for rental properties in VIC, posting a 3.47% return.

Data report can be found below

KEY PROPERTY DATA REPORT HOUSE UNIT
Median Price $825,000 N/A
GROWTH REPORT
Median Quarterly 10% N/A
Median 12 month 17.69% N/A
Median 3 years 34.15% N/A
Median 5 years 39.83% N/A
10 years average annual 6.02% N/A
Weekly media advert. rent $550 N/A
Time on Market 82.8 days N/A
Gross Rental Yield Percent 3.47% N/A
demographics (median values)
Total Population
1831
Weekly Household Income
1717
Household Size
3.20
demographics
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