AREA REPORTS

Lake Wendouree

 

 

VIC/
Lake wendouree

Suburb Profile

Lake Wendouree - FREE SUBURB PROFILE REPORT
POSTAL CODE: VIC,3350

house
unit

The 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 $668,250.

Profits due to an downward trend in home prices there averaged -0.82% per annum over a 3-year period.

Home owners selling their properties and realtors in LAKE WENDOUREE usually have to wait an average of 64.9 days days before their assets are lifted off the market.

Average weekly rents on listings have reached the $360 mark, reflecting a 2.8% increase in returns based on the current median price in LAKE WENDOUREE.

LAKE WENDOUREE, 3350 places 144th in Australia based on median property value growth during the quarter.

Data report can be found below

KEY PROPERTY DATA REPORT HOUSE UNIT
Median Price $668,250 $355,000
GROWTH REPORT
Median Quarterly 2.69% -3.79%
Median 12 month -13.77% -2.07%
Median 3 years -2.45% 31.97%
Median 5 years -0.63% 5.65%
10 years average annual 7.05% 2.64%
Weekly media advert. rent $360 $300
Time on Market 64.9 days 0.0 days
Gross Rental Yield Percent 2.8% 4.39%
demographics (median values)
Total Population
2723
Weekly Household Income
1080
Household Size
2.30
demographics
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