VIC/
Lake wendouree

Suburb Profile

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

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unit

A steady increase in median property prices over a five-year period in the suburb translates to a 3.08% capital gain.

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 $670,000.

Profits due to an upward trend in home prices there averaged 1.03% per annum over a 3-year period.

Home owners selling their properties and realtors in LAKE WENDOUREE usually have to wait an average of 99.8 days days before their assets are lifted off the market.

Average weekly rents on listings have reached the $370 mark, reflecting a 2.87% increase in returns based on the current median price in LAKE WENDOUREE.

LAKE WENDOUREE, 3350 places 678th in Australia based on median property value growth during the quarter.

KEY PROPERTY DATA REPORT HOUSE UNIT
Median Price $670,000 $367,000
GROWTH REPORT
Median Quarterly -14.65% -3.1%
Median 12 month -14.92% 3.38%
Median 3 years 3.08% -0.81%
Median 5 years 15.52% 4.86%
10 years average annual 6.08% 4.59%
Weekly media advert. rent $370 $280
Time on Market 99.8 days 51.2 days
Gross Rental Yield Percent 2.87% 3.97%
demographics (median values)
Total Population
2723
Weekly Household Income
1080
Household Size
2.30
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Capital Gains Tax (CGT) Calculator

Lake Wendouree, VIC
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